All Clowns Must Be Destroyed Message Board

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Pastimes : All Clowns Must Be Destroyed

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To: BGR who wrote (38449)	6/7/2000 12:16:00 PM
From: LLCF	Read Replies (1) of 42523

<1) Those who lease (for whatever reason, affordability or otherwise) are unaffected by real estate price inflation but affected by lease price inflation. 2) Those who own are unaffected by lease as well as real estate price inflation as their mortgage payments (if they have one) remain unchanged.<Hence, only lease price inflation deserves a place in the CPI. Please tell me what is wrong with this picture?> But the two are somewhat linked no? I know builders watch rent's like hawks as do commercial lenders. Don't you have to assume some fungibility to get any statistics at all?? DAK

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