> The distinction is dumb.

You would be better positioned to make that argument if you could demonstrate a basic understanding of what the distinction is.

> People’s main thing they have to pay on a regular basis is rent or mortgage, so the cost of housing should be included in the consumer inflation index.

The cost of housing as a consumer good (rent, actual or, for homeowners, imputed) is included in inflation measures (consumer price index, PCE, etc.)

The asset price of residential real estate is not, but that’s a different thing.

We've got the same bullshit in Sweden with the housing market boom, free-ish loans have driven prices through the roof. This means we're stuck on low interest rates or everyone and their uncle will default, a better solution must exist!

This makes it very difficult to get into the market since our rules require 15% of your loan in up-front capital. For a 1 room apartment that means about one year of salary saved up. Yay boomer economy...!

Not sure why you were downvoted

https://www.bls.gov/cpi/factsheets/owners-equivalent-rent-an...