2 ms·
The US does not include house purchase prices (the one-time capital cost), but does include actual rent or owner equivalent-rent (the ongoing/operating cost) in
by sokoloff 4y ago
The US does not include house purchase prices (the one-time capital cost), but does include actual rent or owner equivalent-rent (the ongoing/operating cost) in its measures of inflation.
This is entirely sensible consistent treatment, but often inadvertently or intentionally misunderstood.