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Atul Tiwary (not verified)
19th March 2018 | 7:05am

Great perspective. I live in the San Francisco Bay Area where Home prices have doubled since the lows. So I’m very sensitive to the change in the CPI measurements particularly the one that removed home prices from its calculations. If the monthly mortgage payment made by a home owner is considered equivalent to the monthly rent then wouldn’t the act of increasing interest rates increase inflation by increasing the monthly payments required to be made by new home owners and those with variable rate mortgages?