Surging House Prices Expected to Propel Rent Increases, Push Up Inflation

Jim Dolmas and Xiaoqing Zhou

Dallas Fed Economics from Federal Reserve Bank of Dallas

Abstract: The inflation rates of rent and owners’ equivalent rent (OER)—the amount of rent equivalent to the cost of ownership—have declined sharply since the COVID-19 pandemic began in February 2020. However, we expect rent inflation and OER inflation to accelerate in the years to come.

Keywords: Inflation; Real Estate; Economic Conditions (search for similar items in EconPapers)
Date: 2021-08-24
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Persistent link: https://EconPapers.repec.org/RePEc:fip:d00001:92992

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