Defining the Balance of Risk to Rent

I think rates are following where inflation is going, says Andrew Hollinhorst. It's hard to think the policy rates aren't going to get up to around four % or even above. I think there are elements of inflation where we might see some relief. We've seen commodity prices move lower. Maybe we'll get some relief in goods prices. Economy tightness in the housing market,. maybe being relieved by or higher mortgage rates. But tightness in labor markets. And that's what i keep coming back to.