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nradov
974 days ago
Real estate values aren't included in inflation calculations.
1 comments
neural_thing
974 days ago
This is wrong. Housing accounts for about a third of CPI. There's some funkiness about how the Owners Equivalent of Rent is calculated but real estate prices definitely show up in inflation.
https://www.brookings.edu/articles/how-does-the-consumer-pri...
link
nradov
974 days ago
Nope. Owner's equivalent rent is not the same as real estate price.
link
https://www.brookings.edu/articles/how-does-the-consumer-pri...