HL Deb 23 July 1987 vol 488 c1559WA
Baroness Jeger

asked Her Majesty's Government:

To what extent the increased capital cost of house purchase is reflected in the cost of living statistics.

Lord Young of Graffham

Housing costs for owner occupiers are represented in the cost of living statistics (the retail prices index) by their mortgage interest payments. House prices are reflected in the calculation via their influence on the amount of mortgage debt outstanding.