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> we should only include interest rates in proportion to how many people are taking out major loans during the sampled period The price of beef went up. A lot.
by credit_guy 3y ago
> we should only include interest rates in proportion to how many people are taking out major loans during the sampled period
The price of beef went up. A lot. As a result, quite a lot of people stopped eating beef. Should we remove the beef from the CPI basket?
Similarly, the mortgage rates skyrocketed, and the number of home purchases plummeted. But many more people would buy a home, if only they could afford it. Just like more people would start eating beef again, if they could afford it.