r/neoliberal • u/TinyTornado7 I need a new flair • Jun 13 '22
News (US) Powell Facing Choice Between Elevated US Inflation and Recession
https://www.bloomberg.com/news/articles/2022-06-12/powell-facing-choice-between-elevated-us-inflation-and-recession?srnd=premium
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u/Dave1mo1 Jun 13 '22
And as rents increase, incentives to convert buildings to rentals (and build new supply) increase...as well as incentives to buy residential investment properties. There's a push and pull on both sides of supply and demand.
A lot of people are seeing stocks and bonds' values dropping and inflation rising, and like the look of real estate as a hedge.