The move away from homeownership may be the biggest threat to continued low inflation. With...
The move away from homeownership may be the biggest threat to continued low inflation. With shelter representing 40% of CPI, the rising cost of rentals is responsible for a good chunk of higher reported inflation and the outperformance of rental REITs and stocks. AVB +16%, ESX +19%, EQR +17%, UDR +10% YTD.
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