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> The CPI does account for housing costs through rent and owner's imputed rent. This can be very roughly approximated by a 10-year moving average on the produc
by jbay808 4y ago
> The CPI does account for housing costs through rent and owner's imputed rent.
This can be very roughly approximated by a 10-year moving average on the product of (housing prices x mortgage rates). CPI shelter inflation is currently ticking up each month like clockwork, at 5% and climbing, and it has a long way still to go to catch up with that trend.