Sounds more like a personal frustration.
Rates are hiked to combat a high CPI. Housing costs, with the exception of home-related taxes, are not even included in the CPI.
Rates are hiked to combat a high CPI. Housing costs, with the exception of home-related taxes, are not even included in the CPI.
“The housing shortage is going to push up the overall [consumer price index] to uncomfortable positions for the Federal Reserve,” National Association of Realtors chief economist Lawrence Yun said. “Consequently, this high inflation that we have is certainly not transitory, and it’s going to remain stubbornly high through the end of the year.”
https://www.politico.com/news/2022/03/18/housing-costs-infla...
Also, the CPI DOES include cost of housing - https://www.bls.gov/cpi/factsheets/owners-equivalent-rent-an...