Edit: I agree that it’s bad messaging politically, but I find the data and sentiment disconnect interesting. It looks similar to the crime data and sentiment disconnect.
The method of estimating a homeowner’s equivalent rental charges was this question:
“If someone were to rent your home today, how much do you think it would rent for monthly, unfurnished and without utilities?”
So that number seems like it will either be a total ass pull or will be based on the already average rents in the area. Seems like an unreliable dataset to me.
Not sure that would matter. Housing costs for homeowners are calculated by how much rent they would have to pay in their housing market if they were renting: https://www.bls.gov/cpi/factsheets/owners-equivalent-rent-and-rent.htm
Edit: I agree that it’s bad messaging politically, but I find the data and sentiment disconnect interesting. It looks similar to the crime data and sentiment disconnect.
The method of estimating a homeowner’s equivalent rental charges was this question:
So that number seems like it will either be a total ass pull or will be based on the already average rents in the area. Seems like an unreliable dataset to me.
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