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by RC_ITR 987 days ago
It's so weird to me that people can claim to fully understand the concept of inflation and still expect prices to go down rather than the rate of growth to decrease.

Rents will go down vs. where it would be otherwise. Almost nothing deflates in nominal dollars ever.

1 comments

Indeed. Which is why (and also that I think this is a minor factor in present rental prices) I think I'll make money off your claim that "Yeah and on the flipside the price of rent will go down."