alt Hacker NewsAccommodation costs are the first part of any sensible measure of inflation. If you're not factoring in housing then you're fudging the figures.
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eru • last Tuesday at 2:17 AM
Yes? Who says otherwise?
As long as accommodation isn't 100% of your basket of goods and services you use to measure inflation, accommodation can rise in price faster (or slower) than the basket. This ain't exactly rocket science.
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Many people don’t see housing inflation - if you bought a house in 2020 and house prices were up 80% since then it doesn’t affect your housing costs, especially in the US where mortgage rates are fixed for length of term even if interest rates sky rocket.