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re: CPI comes in hotter than expected, futures down 1%+

Posted on 4/10/24 at 10:11 am to
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
52037 posts
Posted on 4/10/24 at 10:11 am to
quote:

Motor Vechicle and shelter were the factors for this high report.


With housing prices remaining sluggishly high and interest rates staying high, rent demand will continue to drive rent prices up. This means shelter should continue to increase due to OER double-dipping in rent.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
75109 posts
Posted on 4/10/24 at 10:43 am to
quote:

With housing prices remaining sluggishly high and interest rates staying high, rent demand will continue to drive rent prices up. This means shelter should continue to increase due to OER double-dipping in rent.




They get the rent info from the survey
They ask ppl what they think they can rent their homes for. Everyone over values it. That arent using real data
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