but that tracks sales not rentals.
Correct.
So does the method I just described..
âOwners Equivalent of Rentâ is how we (BLS.gov) track inflation in homeowner-occupied housing.
According to the we we calculate it
If your $500,000 house goes up or down in market value, that does not matter. What you think you could sell it for does not matter. What matters is what you think you could rent it for.
I see the CHIPS act is really working! Just not the people who make them
Well⊠a CHIPS act lets companies buy robots that replace manpower.
If it truly is the critical national security need people make it out to be, then itâs not a big problem.
There is reason to doubt that, it is difficult to prove or disprove that such and such should be subsidized for national security purposes.
The two surveys are not counting the same thing. While over the long term they track each other in broad strokes, in the short term there are valid real-world reasons why the two surveys depart.
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Iâll be interested in the coming GDP report. GDP NOW estimate for 4th quarter is now +5.2% revised from the previous 4.7% estimate. That would put annual growth for 2025 at around 3% including Bidenâs last dismal quarter of -0.5%. Since Trump took office, its closer to 4%