Tag Archives: owner equivalent rent

Stacy Summary:  If we are at the tipping point as described in the first headline story, then look for statistics (as per Mish’s second headline story) to enter deeper and deeper into the Twilight Zone .  ..

• Tipping point of West’s decline?

HSBC forecast emerging nations will dominate world economic activity in the years ahead.

A key reason is the debt burden of the developed world. Recent policy may have stabilized financial markets in the West, says HSBC, but individuals and governments remain awash in debt. Banks no longer enjoy the funding conditions of old, and this will combine to be a drag on growth.

• BLS’s owner’s equivalent rent from the Twilight Zone

With home prices crashing year-over-year and both housing rents and apartment rents droping as well one might think that falling rents would be reflected in the CPI.  (Stacy – you’d be wrong)