3 ms·
>owner-equivalent rent >a rent-equivalent measure The accusation is that OER is a terrible way to measure rent increases. OER is determined by surveys asking h
by harambae 5y ago
>owner-equivalent rent
>a rent-equivalent measure
The accusation is that OER is a terrible way to measure rent increases. OER is determined by surveys asking homeowners "If someone were to rent your home today, how much do you think it would rent for monthly, unfurnished and without utilities?"
It's a crazy way to measuring housing inflation for most people. Especially since there are statistics that directly just measure rent increases and the BLS could use those.