Why the government took home prices out of its main inflation index

Re:Why the government took home prices out of its main infla... by 01100011 on Friday May 27, 2022 @10:31AM (#31530092)

Anecdotal: my wife and I are waiting for a home to start a family. We're not even going to stop contraception until we move in. The second we do, we'll start trying.

Fortunately it looks like a 10% correction is all we need, and, fingers crossed, it looks to be coming.

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Re:Why the government took home prices out of its main infla... by dragonwriter on Friday May 27, 2022 @11:52AM (#31531046)

> Anecdotal: my wife and I are waiting for a home to start a family

Sure, some people do that, but there are race and economic class biases to it, and both the races and economic classes biased to it are shrinking as a share of the population.

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Re:Why the government took home prices out of its main infla... by ihattendorf on Friday May 27, 2022 @01:16PM (#31532105)

What are you going to do if the 10% correction comes after prices have increased 15%?

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Re:Why the government took home prices out of its main infla... by cko on Friday May 27, 2022 @11:25PM (#31537343)

Or there's a 10% correction, only because mortgage rates have increased your interest payment by 10%.

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