I’ve been looking for a reasonable explanation for this for a while and literally cannot find one. SO help me understand, please. ❤️🤷♀️
In: 42
I did a quick search and couldn’t find something to validate this but what I recall hearing is;
Its excluded because those things have price changes that are to volatile and keeps an accurate calculation from being made.
But I thought there was some time we had run away inflation and they just changed the calculation so it could be reported that it wasn’t as high. I think its garbage they don’t get calculated. I would say at this point houses are not going to drop to 1990 prices so we should be safe putting them in the formula to get a better picture.
Hopefully Cunningham’s law is still a core rule of the internet and somebody will weigh in that knows more.
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