Relevant:
- Is Rent Up 5.6% or 2.5%? It Makes a Big Difference
- Is housing hiding inflation in other sectors of the economy?
- Fed Is Not Just Behind The Curve, It's Driving The Bus Over The Cliff | The Wall Street Examiner
- The complete and utter failure of owners' equivalent rent
- The Fed has exacerbated America's new housing bubble: FT
2013-05-29 — mybudget360.com
``According to the latest data the annual change in inflation is only moving at 1 percent. But if housing is the biggest line item for Americans and just went up by 10 percent, why is this not reflected in the CPI? Once again we run into the problem of the CPI using the owners' equivalent of rent (OER) measure. This measure missed the last housing bubble and is going to miss it once again.''
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