Economy
The bluff of the price index: Why is the mortgage left out?
A Taub Institute study concludes that excluding interest and credit costs from the price index creates an underestimation of economic burden, as the surge in mortgage and loan repayments remains outside inflation calculations. Researchers stress the urgent need for a realistic picture of economic burden.
· Source: Walla. Photo as published in article
A Taub Institute study concludes that excluding interest and credit costs from the price index creates an underestimation of economic burden, as the surge in mortgage and loan repayments remains outside inflation calculations. Researchers stress the urgent need for a realistic picture of economic burden.
