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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: damainman who wrote (34476)6/27/2005 12:36:43 PM
From: Wyätt GwyönRead Replies (1) of 306849
 
rent is used, but "homeownership" is also used: owner's equivalent rent (OER) is the largest weighting in the entire CPI, with about 23% weighting. thus, nearly a quarter of the CPI is just a statistical fantasy designed expressly to make the CPI lower (so that government payouts can be reduced).
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