Matthew Yglesias

@mattyglesias ↗

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Last Checked Sept. 28, 2022

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Fri Aug 12 15:19:59 +0000 2022

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Matthew Yglesias @mattyglesias

If you check @ApartmentList's latest data update, this continues — July spot rent growth was still higher than what the BLS shows, but it fell relative to June. https://t.co/hLR6o5D4Qk — PolitiTweet.org

Posted Aug. 12, 2022 Hibernated

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Matthew Yglesias @mattyglesias

Something I flagged on June 23 is a double divergence between spot rents and average rents. The spot market shows housing inflation that is higher than the BLS data, but inflation that is already slowing rather than still rising. https://t.co/FegHW0ydjw https://t.co/d1BEPinB6M — PolitiTweet.org

Posted Aug. 12, 2022 Hibernated

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Matthew Yglesias @mattyglesias

I don't think this has any implications for current policy, since either approach suggests rate hikes are appropriate right now. But in the not-too-distant future the lines will cross and the official data will be overstating housing inflation and that will have implications. — PolitiTweet.org

Posted Aug. 12, 2022 Hibernated