Logan Mohtashami Profile picture
πŸ‡ΊπŸ‡ΈπŸ’ͺπŸ½πŸ“ˆπŸ”₯😀🫑 Lead Analyst @HousingWire Financial Truth On Housing Economics. All American Bears have failed since 1790. Press inquiries: Press@HWMedia.com

May 11, 2022, 10 tweets

#CPI πŸ“ˆπŸ”₯

#CPI
Demographics = Demand
Supply is low = Savagely unhealthy rent growth.
Rent inflation does have limits, so the rate of growth should moderate.

Early 2021, Shelter component is near 43% of core CPI, so yes we have solid wage growth on the lower end and that does get eaten up by rent inflation.

#CPI
The Mad Max inflation basket

#CPI
Only hobbits eat two breakest basket

#CPI
I am glad I bought my new car in October 2020 basket.

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