Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Gandalf_The_Gray

I’ll bet they factor in the drop in housing prices when calculating the Consumer Price Index. That keeps the reported inflation rate down while the price of everything except houses shoots up.

(Just think of all those retirees on Social Security anxiously waiting to jump on a good real estate deal! /sarc)

The CPI is just another “You lie!” instance from D.C.


7 posted on 10/08/2012 10:21:51 AM PDT by LearsFool ("Thou shouldst not have been old, till thou hadst been wise.")
[ Post Reply | Private Reply | To 4 | View Replies ]


To: LearsFool
I’ll bet they factor in the drop in housing prices when calculating the Consumer Price Index.

They actually use rent. If they would have used house sales, the Fed might have put the brakes on the housing bubble a lot sooner.

28 posted on 10/08/2012 4:24:23 PM PDT by EVO X
[ Post Reply | Private Reply | To 7 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson