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The Water Cooler
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Surging home insurance costs could force families to leave these 10 states (OK is one)
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<blockquote data-quote="JD8" data-source="post: 4256358" data-attributes="member: 24"><p><a href="https://www.marketwatch.com/story/true-inflation-may-have-peaked-in-late-2022-at-18-and-still-hovers-around-8-cc89ea6b" target="_blank">https://www.marketwatch.com/story/true-inflation-may-have-peaked-in-late-2022-at-18-and-still-hovers-around-8-cc89ea6b</a></p><p></p><h2><strong><em>The CPI used to reflect borrowing costs</em></strong></h2><p><em><strong>There is an interesting footnote to this discussion: The consumer price index up until 1983 included consumer borrowing costs. According to the researchers, the Bureau of Labor Statistics reflected these costs by “taking house prices, mortgage interest rates, property taxes and insurance, and maintenance costs as inputs.”</strong></em></p></blockquote><p></p>
[QUOTE="JD8, post: 4256358, member: 24"] [URL]https://www.marketwatch.com/story/true-inflation-may-have-peaked-in-late-2022-at-18-and-still-hovers-around-8-cc89ea6b[/URL] [HEADING=1][B][I]The CPI used to reflect borrowing costs[/I][/B][/HEADING] [I][B]There is an interesting footnote to this discussion: The consumer price index up until 1983 included consumer borrowing costs. According to the researchers, the Bureau of Labor Statistics reflected these costs by “taking house prices, mortgage interest rates, property taxes and insurance, and maintenance costs as inputs.”[/B][/I] [/QUOTE]
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Surging home insurance costs could force families to leave these 10 states (OK is one)
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