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A comment on A theory that “elite overproduction” leads to political instability (2020). Parent comment

Re:A theory that “elite overproduction” leads to political i... by ItsMonkk on Tuesday July 06, 2021 @10:57PM (#27756874)
Housing is not included in the CPI. The housing figure is Owner's Equivalent Rent. They survey owners and ask them what they think that they could rent their home for.
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Re:A theory that “elite overproduction” leads to political i... by shkkmo on Tuesday July 06, 2021 @11:43PM (#27757114)
They do include actual rent costs, but the weighting for rent costs has 1/3 of the weighting of Owner's Equivalent Rent. The CPI-U provides an tiny weighting of rent compared to the real rent costs for anyone who is actually renting.
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