If the inflation rate in 1996 were tripled and the house price index were only affected by inflation, what would the house price index outside the capital be
The house price index capitol for 1997 would be 104.5. In 1996, the rate was 1.5 and house index was 100. The inflation rate tripled, making it 4.5, so 100*0.045=4.5+100=104.5
