Link: https://mishtalk.com/economics/quotes-of-the-day-on-rent-inflation-by-the-fed-and-property-managers/
Graphic:
Excerpt:
According to data from the U.S. Census Bureau, moving rates for Americans declined from 12.8% in 2021 to 12.6% in 2022.
But what is it for 2024?
My guess has been 9 percent in a range of 8 to 11 percent or so. But we will not know that for two more years.
Author(s): Mike Shedlock
Publication Date: 13 May 2024
Publication Site: Mish Talk