Great post, Abdullah! I knew things in the basket were weighted but hadn't thought about disparate impacts by people with different rates. I am curious on the impact of housing inflation on rentals.
Is there some measure of typical lease lengths? I've always found it strange to hear talks about the impact of rent changes because I've only ever lived in college towns where leases are always a year long. I feel like that helps dampen some month-to-month inflationary impacts, but I know that shorter leases are more common. In a year like last year, would people on monthly or quarterly leases really have seen increases with each lease?
Great post, Abdullah! I knew things in the basket were weighted but hadn't thought about disparate impacts by people with different rates. I am curious on the impact of housing inflation on rentals.
Is there some measure of typical lease lengths? I've always found it strange to hear talks about the impact of rent changes because I've only ever lived in college towns where leases are always a year long. I feel like that helps dampen some month-to-month inflationary impacts, but I know that shorter leases are more common. In a year like last year, would people on monthly or quarterly leases really have seen increases with each lease?
We have 5% monthly inflation in Iran. These numbers are really a disaster!
Wow! That's a lot of inflation. Hope you are doing well!
Great insights, Dr. A!
Thanks for breaking it down in easy to understand ways.
Thank you, Jeff. I always appreciate your readership and comments.