Re:Public Comment on Inflation Measurement
by nradov on Wednesday September 08, 2021 @07:50PM
(#28464471)
Rent is a valid part of inflation but house prices are not. Real estate is an investment, not an expense. It doesn't factor into inflation for the same reason that stocks aren't a factor. Instead for homeowners the BLS calculates owner's equivalent rent.
https://fred.stlouisfed.org/series/CUSR0000SEHC