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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: SouthFloridaGuy who wrote (93638)2/1/2009 10:49:05 AM
From: John McCarthy  Read Replies (2) | Respond to of 116555
 
Hi LG

Could you dumb this down for me?

Currently it appears Owners Equivalent Rent inflation is slowing dramatically a stark difference compared to other housing downturns.

Is it saying - in effect - that the cost of renting
is declining ....?

... or ...

perhaps a better way to ask it:

is it saying that the yr over yr cost of renting is rising MORE SLOWLY

regards
John