3 ms·
Rents and owner-equivalent-rent are included in CPI calculations as the cost of shelter. https://www.bls.gov/cpi/factsheets/owners-equivalent-rent-and-rent.htm
by sokoloff 3y ago
Rents and owner-equivalent-rent are included in CPI calculations as the cost of shelter.
https://www.bls.gov/cpi/factsheets/owners-equivalent-rent-and-rent.htm#:~:text=Owners'%20equivalent%20rent%20of%20residences,which%20CPI%20data%20are%20published https://www.bls.gov/cpi/factsheets/owners-equivalent-rent-an....
- nabla9 3y agoAs I wrote. That is an attempt to capture the cost of renting, not buying a house.