11min chapter

Masters in Business cover image

Bill Dudley on Monetary Policies

Masters in Business

CHAPTER

Shortcomings of Owners Equivalent Rent

This chapter explores the limitations of owners equivalent rent in measuring real incomes and affordability. It discusses the Fed's emphasis on the personal consumption expenditure deflator and the lag in rent repricing. The chapter also speculates on the temporary or persistent nature of falling real estate prices and its impact on the CPI.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode