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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (31592)7/26/2021 2:25:50 PM
From: ajtj994 Recommendations

Recommended By
Jacob Snyder
Sun Tzu
sunabeach
The Ox

  Read Replies (2) | Respond to of 97494
 
Speaking of rents, I ran across this today:

Utilizing data from Zillow and Apartment List, Ben Breitholtz, data scientist at Arbor Research, predicts that OER will accelerate to between 4.8% and 6.3% year-over-year by December, equivalent to as many as 1.5 percentage points CPI from that 23.7%-weighted component alone. Fannie Mae’s Brescia comes to a similar conclusion. Under the economist’s baseline scenario, the shelter component will add 1.9 percentage points to the index by the second quarter of 2022, nearly accounting for the Federal Reserve’s entire 2% annual inflation target before the other two-thirds of the CPI come into play.



To: Sun Tzu who wrote (31592)7/26/2021 3:41:03 PM
From: The Ox  Read Replies (1) | Respond to of 97494
 
Rent in most big cities is already outrageous. Tiny 1br apts in NYC for over $4K/mo. as only one example.

Rents are expected to shoot up in the US very soon.