tylakewalker

Rising Number of Renters Could Spell Trouble for Consumer Price Index

It's important to note that the marketwatch story compares 2008 rents to 2007 rents. old data. Read the 2009 Q1 earnings call transcript from Equity Residential and you will see rents are flat or down in most markets.

I am long EQR and UDR. I don't see rents rising in the near term. Too many job losses.