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To: chic_hearne who wrote (12435)10/9/2000 11:29:27 PM
From: Joe NYCRead Replies (2) | Respond to of 275872
 
Chic,

the inflation in real estate prices is running at rate of 15 to 20%, if not higher. The rents of apartments that are on the free market are rising at similar rate. Everything else is less problematic, but still noticeable.

But I am not sure how housing costs are factored into the inflation numbers. I am pretty sure they are not part of the consumer price index.

Joe



To: chic_hearne who wrote (12435)10/10/2000 3:55:37 AM
From: PetzRead Replies (1) | Respond to of 275872
 
chic, if the BLS data is so bad, how come some conservative think tank hasn't come out with a "shadow index?"

It would not be that difficult.

Petz


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