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Podcast: Patrick Boyle On Finance
Episode:

Do Central Bankers Care About Rising House Prices?

Category: Business
Duration: 00:16:36
Publish Date: 2021-08-26 17:00:00
Description:

Why don’t central bankers care about rising asset prices?
For most people their greatest expense is housing. According to the Bureau of Labor Statistics, Americans spend almost 40% of their take home pay on shelter, this might lead you to ask - why aren’t home prices included in measures of inflation? And should they be?  Is real inflation much higher than is being reported in the CPI because of asset price inflation?

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