Rental Market Apocalypse Will Pop The Housing Bubble: Prepare Your Self For The Worst! – Investment Watch investmentwatchblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentwatchblog.com Daily Mail and Mail on Sunday newspapers.
Rents in the Harrisburg market jumped 4.4% in May, an increase almost twice as much as the national average, according to the June Apartment List National Rent Report.
by Tyler Durden
Friday, May 28, 2021 - 01:25 PM
With BofA predicting that the US is facing a period of transitory hyperinflation as a result of soaring commodity prices in everything from metals to food.
The @UNFAO global food price index rose for an 11th month in April to a seven year high at 120.9, representing a y-o-y jump of 30.7%. Food #inflation has not risen this fast since 2011 with all sectors rising led by sugar and oils - #agriculture#grainspic.twitter.com/V78egWukzI Ole S Hansen (@Ole S Hansen) May 6, 2021
.. and beyond, in what increasingly more warn is a stagflationary burst right out of the 1970s playbook.
Apartment List's May National Rent Report indicates that the brief reprieve in rising rental prices caused the economic disruption of the pandemic might already be a thing of the past.