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Pastimes : All Clowns Must Be Destroyed
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To: flatsville who wrote (38492)6/7/2000 3:14:00 PM
From: BGR  Read Replies (1) of 42523
 
flatsville,

<sigh>

We are back to square one. I thought that I had already convinced you that lease prices - and not real estate prices - are legitimate components of inflation measurements. You brought up a valid point, that real estate prices still affect lease prices. True, but that (real estate prices) can at best be a proxy for lease prices. So, there is no reason to use real estate prices in CPI measurements.

-BGR.
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