Wall St. For Main St., Released on 8/20/21
Owners’ equivalent rent of residences, which makes up almost a quarter of the consumer price index, rose 2.4% in July from a year earlier versus reality where rents on newly signed leases surged 17% in July when compared to what the prior tenant paid, reaching the highest level on record, according to RealPage.
What Is Owners’ Equivalent Rent (OER)? https://www.investopedia.com/terms/o/…
Housing hunt turns to desperation with record rise in US rents https://www.theedgemarkets.com/articl…
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Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason’s work at his blog website at www.jasonburack.com.
Jason Burack: CP Lie – US Rents Soar, Housing Prices Up Enormously In Last Year While CPI Says Rent Up Only 2.4% added by Herman James on
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