“Reported inflation is understated. Owners’ Equivalent Rent (OER) relies on owner surveys to estimate inflation in housing costs. This is an extremely imprecise metric. The single family rental market provides more accurate data. OER in today’s reported core CPI was 3.5% YoY.
The largest owners of nationwide single family rentals are reporting 17% YoY rent increases. OER is 30% of the Core CPI calculation and 24% of reported CPI. Using the more empirical measure in the calculation increases today’s Core CPI from 4.9% to 9.0% and CPI from 6.8% to 10.1%
Housing inflation is unlikely to abate based on supply and demand trends. The inflation that households are actually experiencing is raging and well in excess of reported gov’t statistics.”
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sinneDteo
:
Guess the market is overvalued by too much and any negative news will affect the prices significantly. So everyone take care and good luck to your investment.
🎙️Discussion: 1. How will tariff policies affect the movement of key assets such as U.S. stocks, gold, and Bitcoin? 2. Given this context, Show More
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MicroStrategy Q4 2024 earnings conference call
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Bailee : Nominal inflation right now is around 9.5%. Yes, that is right--- we're in uncharted territory.
Chiapopo : ok
ktts : Good
102249055grace Bailee : Good
Jensen Philanthropy : Market gonna crash this week, can always buy lower when it crash
Saintrade : Ok
sinneDteo : Guess the market is overvalued by too much and any negative news will affect the prices significantly. So everyone take care and good luck to your investment.
lingnh : ok
BaldoRocks : Ok
只赚不亏女王 : good
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