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The Jap-Inflation of American Housing
Jon Huntsman: Are you sticking to your, I understand your long term point about the Jap-infication of American? He says goods inflation is 0% for an entire year. The total headline inflation number is still positive with 34% of the waiting coming from shelter. But if one looks at the real price of rents and housing year over year, as somewhere between up 2% or down two, he thinks it's right around the flat line.