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Re:Unemployment Is So 2009: Labor Shortage Gives Workers an ... by klipt on Wednesday September 20, 2017 @02:00PM (#15296549)
Inflation doesn't include housing costs, right? So cost of living can go through the roof but as long as consumables are cheap, official measures of inflation won't notice.
Re:Unemployment Is So 2009: Labor Shortage Gives Workers an ... by roymurdock on Wednesday September 20, 2017 @02:44PM (#15296961)
It incorporates housing costs by measuring rental costs and imputing the rents of those who own housing:

http://www.slate.com/blogs/moneybox/2014/02/24/housing_infla...