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by omalleyt 1526 days ago
> 2. They're fibbing on specific prices.

Zillow rent index up 17%, CPI rent index up 5%

2 comments

Yes, and if you didn’t move your rent/mortgage went up much less than that
Zillow calculates it's rent based on previous and current listed rental prices.

CPI calculates rent by asking people how much they are currently paying for rent or how much do they think it would cost to rent their place.

>CPI calculates rent by asking people how much they are currently paying for rent or how much do they think it would cost to rent their place.

That's OER, which is computed separately from rent.