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Leonard Blush's avatar

Bravo for digging into rents. IMO ppl have been way too dogmatic about it "lagging" and will decline.

Another fly in the ointment. 80+% of recent apt builds were "luxury", mid grade apt rents still zooming.

I forget which Fed president said it, but basically as long as companies remain willing to plan to raise their prices inflation is a problem. So far he's right. And idk how that ends without a real drop in demand.

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Florian Kronawitter's avatar

Thank you and great point - most multiF new build in boom is usually high end

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Joeksy's avatar

Thank you for publishing your thoughts and ideas!

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Nick Difrancesco's avatar

I liked the long book addition. It provides a nice high level view for those interested in mostly market beta with some thoughts on risk.

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