Which of the following is not a reason that the cost of owner-occupied housing is difficult to measure?
A) Housing is both an investment and consumption good
B) Buying a house is a one-off expenditure, but the benefits of home ownership are spread over many years
C) Owner-occupiers do not pay rent which is the most straightforward measure of the cost of housing
D) House purchase, when it occurs, is too large a share of total spending
E) Many countries do not have a well developed rental market from which to calculate imputed rents for owner occupiers
Correct Answer:
Verified
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