finance

Shelter rose a whopping 5.7% to lead March Inflation to 3.5%! Fed cuts still coming. But inflation reacceleration is on the table.

I am of two minds about shelter. On one hand, it's lagged and I saw some data earlier this year of more real-time indexes (e.g. zillow observed rent) showing a drop in costs (vs CPI)... but on the other hand, overall supply is still so constrained that it's hard to see it dropping thaat much in most geographies

Blob apreciatoooor.
Other than crypto i'm Interested in technology, business, chess, running 

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it is lagged but new rents are moving upwards over 3% across the board. thats ugly no matter how we look at it.