gzz, I totally agree. I believe the monthly payment vs rent is much more important than price. I had this debate with Rich in the past, so there’s no point rehashing it. We’ll see soon enough whether it’s price or payment that matter more and which will mean revert first.
With all of the talk about protectionism, $1T of infrastructure spending, lower taxes, tax holiday for corporation, etc. I personally think we’ll see higher inflation and higher interest ahead.
