hk_a , 11 days ago This is wrong. Home prices were replaced by rental price equivalent: https://www.fullstackeconomics.com/p/why-the-government-took-home-prices-out-of-the-consumer-price-index , for the simple reason that people usually have mortgages and changes in the mortgage rate weren't included in the old calculation.
This is wrong. Home prices were replaced by rental price equivalent: https://www.fullstackeconomics.com/p/why-the-government-took-home-prices-out-of-the-consumer-price-index , for the simple reason that people usually have mortgages and changes in the mortgage rate weren't included in the old calculation.