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Because they're counting spending, not consumption. This is incidentally why house prices are not directly included in the CPI basket of goods: neither the purc

by em500 3y ago

Because they're counting spending, not consumption. This is incidentally why house prices are not directly included in the CPI basket of goods: neither the purchase price of a house, nor the monthly payments are what people consume (= used up) in housing per year.

brailsafe 3y ago
It may (only because this is a specifically American thread) be worth mentioning that Canada does include shelter in the CPI.
deleted 3y ago
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