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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (43475)10/14/2005 1:21:56 PM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 110194
 
No, as the pricing model for shelter is based on "rental-equivalence". It's not a perfect approach by any means, but it is demonstrably better over the long run than anything else ever proposed.

If long rates ever move upward again - and actually stay there - I'm confident CPI will reflect the subsequent increase in shelter cost, as it has done in the past.