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Inflation Isn't Going Anywhere Down, Right?
Inflation is, and I think I don't want to put words in your mouth. We're in a death spiral right now. And it's going to take a lot to get out of it. Every forward-looking future contract tells you inflation across the board from purchasers, from manufacturers, from even services inflation is heading lower. If the real estate market continues on the path that we're all headed to, owners equivalent rent is going to sink like a stone.