this post was submitted on 24 Nov 2025
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My Life Is a Lie: How a Broken Benchmark Broke America (www.yesigiveafig.com)
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[–] xiii@lemmy.world 2 points 1 day ago

Housing prices (one of the leading drivers of real inflation) is excluded from CPI and inflation coefficient because real estate market is volatile and housing is deemed investment asset rather than a consumer good.

This is why we have 2-3% inflation across the Western world and generally unaffordable housing there.