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Observed rent keeps falling: Will CPI peak soon?
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Is rent at its peak?

most certainly not. There might be a lull prior to the election day. However, in my opinion this is glass and mirrors. A false positive. Why do I say this? Well for example inflation was transitory until it wasn't. Increase in food costs was cyclical until it wasn't. Increase in Gas prices was blamed on Putin until those in power could not present false narratives that the general public would agree with. Just to name a few examples. I don't want to write a book here so that is my general opinion. Mac
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