Inflation has wreaked havoc on consumer prices and apartment materials are no different. While government officials and others insist the spikes are "transitory," John Burns Real Estate Consulting sees that as code for "don't worry" and lays out the case for transitory vs. persistent.
"Transitory" inflation could mean one of three scenarios:
|- Prices rise and plunge
- Prices rise and stay where they are
- Prices rise and continue to rise, but more slowly
A sharp and permanent increase in home prices and costs is certainly worth worrying about, John Burns Real Estate Consulting authors Alex Thomas and Eaint Zaw suggest.
"Inflation fears incentivize consumers to lock in payments sooner rather than later, especially if they're confident they can stay and make payments long-term," they write.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
