Why is the imputed value of housing services from owner-occupied homes included in GDP?

Correct answer: To measure comparable housing services of tenants and owner-occupiers

GDP records current production of final goods and services. A tenant pays rent for housing services, whereas an owner-occupier receives a similar service without a market rent being paid. National accounts therefore estimate an equivalent rental value and include it as imputed housing output. This improves comparability between renting and owning arrangements. It does not turn land sales into current production, include all household work, or exist merely to raise property tax.