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I'm worried that we're in a Sustained Inflationary Environment
The expectation for july went to 80 basis points from 75, which means a small percentage of people actually think i's going to be a hundred. So the question is, is that enough? I just don't know. What we did see in july, cause we can track oil prices, that's down 20 % month over month. And the c p i has been driven largely by oil. The owner equivalent rents are up so much that they may actually, you know, break even, right? Meaning rents go up by so oil goes down by so much they cancel, and we're still at nine,. That's your prodiction for july, which we'll get it aug