> Inflation could fall to 0% and people would still be feeling the pain of their housing prices Idk how CPI is calculated in the US, but in France the way hous

> Inflation could fall to 0% and people would still be feeling the pain of their housing prices Idk how CPI is calculated in the US, but in France the way housing cost is taken into account in the inflation calculation is ridiculous, so it doesn't help. (Basically what they do is that they don't count people that buy houses, because “it's an investment you know”, and then they count how much the people who rent pay as a fraction of their revenues, and divide that fraction by two because “it's only half the population”, and also they do hedonic price adjustment on the average housing quality even if existing people's home aren't improving and the price of newly built homes isn't being accounted in in the first place because of the previously mentioned “investment” characterization)