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by JumpCrisscross
2920 days ago
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> Artificially low interest rates have inflated the actual price of housing while keeping monthly payments fairly steady There's a case to be made for each approach. Given we have excellent ways of measuring house prices, but no great ones for cost of living, having CPI measure the latter and thus usage--instead of user costs--seems reasonable. (We don't include stock appreciations and declines in inflation, for example.) |
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