Author: Ben Carlson
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If you dig into the components of the consumer price index, you’ll notice housing makes up a big part of the government’s inflation calculation.
The latest data from the BLS shows owners’ equivalent rent makes up nearly 25% of the CPI calculation (food and energy currently make up 14% and 7%, respectively, for comparison purposes).
With housing prices rising at a rapid clip, many people share the sentime…
The latest data from the BLS shows owners’ equivalent rent makes up nearly 25% of the CPI calculation (food and energy currently make up 14% and 7%, respectively, for comparison purposes).
With housing prices rising at a rapid clip, many people share the sentime…