Land and house prices do not influence the vast majority of the day-2-day running of our lives.

Inflation was originally brought out to monitor the cost of living, successive governments have been unable to control the bottom line figure, so keep adding other factors to fiddle it.

Compare all the EU Inflation algorithm's, I bet none are the same. Each one designed to make that countries government look as though it is controlling the economy, when in fact they have little control over it.