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Well, you hit on it directly. Cost of housing ought to be included in inflation measures.

Yes - assume you're buying 1/200th of an "average home" every month as part of a monthly basket of consumption. It's an assumption I use when comparing cost of living between cities.

Does CPI not include a shelter component, even a problematic one?

http://www.slate.com/blogs/moneybox/2014/02/24/housing_infla...

I think the grandparent commenter is talking about inflation measures in Canada — I don't think Canada uses US CPI.

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