| > Normally as in almost everywhere in the world (apart from a few places like Sweden I think?) Aren't you contradicting yourself when you go on to say that both the US BLS and Eurostat do include housing in their indices? > statisticians either only include rents [or] “owners equivalent rent” OK. So housing is part of the CPI, yes? If I understand https://www.ecb.europa.eu/stats/ecb_statistics/escb/html/tab... correctly, Eurostat weights "actual rentals paid by tenants" at 6.1%. (edit: ECB, not Eurostat) > none of it is house prices This is the first mention of "house prices" in this thread. The index linked in the ancestor comment called itself "housing", not "house prices". Good for you if you insist on making the difference, but then if you make the difference you are not talking about the thing I was talking about, I think. Also, some of it is house prices if house prices factor into the "owners equivalent rent", or is that made up out of thin air? Also, rising house prices cause rising rents, so indirectly they are represented anyway. |