The European Central Bank (ECB) wants to include real estate prices in the measurement of inflation. According to Prof. Volker Wieland, the plans are a step in the right direction, as he said in an interview with the Frankfurter Allgemeine Zeitung.
However, according to Wieland, it is not yet possible to assess how this will affect inflation. The exact effect would depend heavily on the details, he warned.
FAZ: "Warum Hauspreise künftig in die Inflation einfließen sollen"