> Its by far the most expensive purchase in peoples lives, vital to our needs just like food and water... And I really dont agree with not tracking it in CPI.
Now, you might disagree with the methodology used above, in which case it is healthy to discuss alternatives, or where CPI housing calculation has issues.
If you were aware that rent was covered by CPI I wonder why you wrote "Its by far the most expensive purchase in peoples lives, vital to our needs just like food and water... And I really dont agree with not tracking it in CPI."
Either you didn't know rent was included in CPI or you are making the very odd claim that homeownership is like food or water, implying you'll drop dead if you rent a home rather than buying one.
Please stop spreading this false information. CPI absolutely does track housing: https://www.bls.gov/cpi/factsheets/owners-equivalent-rent-an...
Now, you might disagree with the methodology used above, in which case it is healthy to discuss alternatives, or where CPI housing calculation has issues.