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Neil Dutta and Conor Sen on the Chances of a US Soft Landing
Odd Lots
Is Rent Growth Going to Be Negative in 2023?
Rent growth is going to be negative in 2023, Connor says. The excess household formation in 2020 finally started unwinding over the past six months. We currently have twice as many apartments under construction as we did at the peak in 2006 on the onset of the housing bust.
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