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by ahmeneeroe-v2 973 days ago
Made this comment elsewhere, but CPI is partially derived from the cost of housing, so you can't really use CPI here.
1 comments

I like the way you think.

Here's CPI for All Urban Consumers: All Items Less Shelter in U.S. City Average. [1] Index level in August 2019 234.853 Index level in Sept 2023 280.869

An increase of 20%. Very similar to overall CPI.

So rent hasn't kept up with housing prices? Some other anomaly in the calculation of CPI?

[1] https://fred.stlouisfed.org/series/CUUR0000SA0L2

hey thanks nuclearnice3! I like the way you think too
there were two questions. perhaps, opine, as an expression of your gratitude.