House prices are not part of the basket of goods in the CPI calculation.
Also related is how the US tax brackets were changed under "Trumps Tax Cuts"
They now use (Chained CPI or C-CPI) instead of the Consumer Price Index (CPI). C-CPI is lower than CPI so in the long run the tax "cuts" are really tax increases.
House prices are not part of the basket of goods in the CPI calculation.
Also related is how the US tax brackets were changed under "Trumps Tax Cuts"
They now use (Chained CPI or C-CPI) instead of the Consumer Price Index (CPI). C-CPI is lower than CPI so in the long run the tax "cuts" are really tax increases.