BLS’ Housing Inflation Measure is Hypothetical Bull****
By Michael Lebowitz There is a problem with the BLS’ housing inflation measure; it’s hypothetical “Bull****.” The Case, Shiller 20-city House Price Index, is up 19.1% year over year. The only period with a somewhat comparable increase was in 2005 when it rose 14.9%. Per Apartment List’s August update: Since January 2021, the national median rent has increased … Read more