[quote=gzz][quote=Coronita]wait, how are you srguing theres no inflation on this thread but on the other thread talking about how rents are going to the moon???
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The rent increases are real, not artifacts of high background inflation.
Even with low overall inflation, some prices will go up a lot while others will drop.[/quote]
Good distinction of real vs nominal increases, but the rent (including OER) is a big chunk of CPI. Around 30% I think. So even if the non-rent portion of the CPI basket isn’t going up a lot, skyrocketing rents are unlikely to co-exist with low overall “inflation.”
