3 ms·
Why is that 'not really inflation'?
by cwkoss 5y ago
Why is that 'not really inflation'?
- PaulDavisThe1st 5y ago1) Housing costs are not part of a lot of measures of inflation. 2) Rental housing costs and owner-occupied housing costs are correlated but have a complex non-linear, non-monotonic relationship 3) Housing costs vary in absolute terms by substantial ratios in different areas 4) Housing costs vary in relative (CoL) terms in different areas 5) Changes in housing costs over a given time period can vary dramatically in different areas.