[AdamSelene235]

So, how do you think housing inflation should be calculated? Show it somehow be based on monthly mortgage payment? Using whatever method you think it correct, what is the true inflation rate?

I don't believe there should be a politburo attempting to centrally manage and manipulate the economy.

As far as inflation, M3 has been averaging 8% per year for the last decade.

[Toddsterpatriot]

I don't believe there should be a politburo attempting to centrally manage and manipulate the economy.

I guess each state should manage the money supply? Maybe each person?

As far as inflation, M3 has been averaging 8% per year for the last decade.

Great, so that translates into an inflation rate of what?

[expat_panama]

"So, how do you think housing inflation should be calculated?"

My answer:  "very carefully."  We could start with considering the size of the house when looking at the prices-- in 1950 median home size was 900 square feet -- in 2000 it was 2100.

I did a rough comparison of real square foot home costs to real wages and found from 1980 to 2000 that wages grew slightly better. 

What makes it more interesting is quality-- modern homes now include central air conditioning, garages replacing carports, safer electrical work etc (more info here).

Bottom line ---being a doom'n'gloomer in this age has got to take more and more effort.