by Anthony B. Sanders
Anthony B. Sanders’ Blog
Well, today’s release of consumer price indices revealed that … this is the 11th straight month of core CPI (less energy and food) on 2% of higher.
[…] And in terms of rent (as in owner’s equivalent rent of residences), this is 54 straight months of 2% and higher growth in rent.
[…] In terms of effective apartment rents, they have risen rapidly since peaking in 2008.
[…] Gimme (expensive) shelter!