Rents are rising ‘ominously’ fast, according to some economists
You don’t need a crystal ball to predict that housing costs likely will continue to climb — because that’s what the latest Consumer Price Index appears to be foreshadowing.
Richard Moody, chief economist at Regions Financial Corporation, also noted that rents seeing their biggest jump since June 2006 “has a somewhat ominous connotation.” Those rapid 2006 price increases were a precursor of the 2008 housing crash. That’s also because the Bureau of Labor Statistics samples housing data from six different panels every six months. That results in a six-month lag in housing data included in the monthly CPI report.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
JPMorgan says General Electric could be overvalued by 20% or moreNew for subscribers: JPMorgan says General Electric could be overvalued by 20% or more. Check out CNBCPro today.
Lire la suite »
Burn more calories on the treadmill with this 20-minute interval workoutGood news: This workout calls for less than two minutes of running.
Lire la suite »
You Have Three Days To Buy Kosas Products For 20% Off*Adds everything to my cart*
Lire la suite »
20 Extremely Interesting Facts From Indigenous History That We Never Read About In TextbooksThese contributions and sacrifices by Native Americans deserve to be recognized!
Lire la suite »
Move Over 70-20-10 Rule, 3-To-1 Is The New Model For LearningThe 70-20-10 learning model is widely accepted as one of the best frameworks for corporate learning and development. There’s just one problem. The 70-20-10 model is aspirational, but it’s not being implemented.
Lire la suite »
Dinner in 20: For the Best Fried Chicken Cutlets, Use Clarified ButterFried chicken cutlets are a surprisingly fast and easy weeknight dinner. The secret to the richest, deepest flavor: Add clarified butter to the skillet instead of frying oil.
Lire la suite »