Monday, July 26

inflation outlook

Apartment List, apartment rentals, Economy, housing market, inflation, inflation gauge, inflation outlook, Markets, Real Estate, rent inflation, Rent prices, shelter inflation, US housing boom, US Housing Crisis, us housing market

Your rents are going to keep going up

Rent prices soared 9.2% in the first half of 2021, tripling the average pace and exceeding the pre-crisis trend. Shelter inflation is set to keep climbing as millennial demand booms, analyst Logan Mohtashami said. That upswing risks turning higher inflation permanent, as rent prices are tougher to rein in. LoadingSomething is loading. ...
Economy, Government Debt, Government Spending, inflation, inflation fears, inflation outlook, Larry Summers, Markets, Mitch McConnell, Policy, Politics, price growth

McConnell gives’kudos’ to Bill Clinton’s Treasury Secretary for warning about hyperinflation

McConnell gave former Treasury Sec. Larry Summers "kudos" on Monday for his comments about inflation. Summers, who served in the Clinton and Obama administrations, has repeatedly slammed Biden's spending. Summers continues to forecast dangerously high inflation, but signs point to price growth cooling in June. LoadingSomething is loading. ...