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by opo
2310 days ago
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>...housing is a durable good (people don’t buy it week to week nor does rent change with such frequency), Rent (and "owner occupied rents") are a part of the bundle used in calculating the CPI. The owner occupied rent is a calculation of what the rent would be if the owner had paid rent on the house they own. For some background on this: https://www.philadelphiafed.org/-/media/research-and-data/pu... |
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