alt Hacker News>Housing has a massive lag when it comes to CPI.
>[...] many people have their rents fixed, some people have rent control, some landlords will only raise rents on new tenants, etc.
In other words, rent is lagged when it comes to the CPI... because the rent people actually pay is also lagged?
for existing, well established renters, sure. For new renters, or people who move, or people who face housing insecurity, or people who want to buy homes, it's much higher and not accurately reflected in CPI.