Home values have gone up on paper due to real estate speculation, which CPI does... | Hacker News

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		paxys on Oct 16, 2023 \| parent \| context \| favorite \| on: Visualizing American inflation across eight catego... Home values have gone up on paper due to real estate speculation, which CPI doesn't care about. It instead measures how much you would need to pay to rent an equivalent apartment year over year.

userinanother on Oct 16, 2023 [–]

How much you think your house might rent for. It’s a bad metric because people who aren’t in the market are out of touch by quite a bit

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