re: #68 JC1
The question I have is whether rents are now detaching themselves from the rest of the inflationary pressures.
I do believe that property has now become the battleground for the worst of schemes. Land has always attracted the schemers (see Trump), but as a nation we’ve built into our society the idea that housing is the primary way to save, and we really can’t let property prices dip in a significant way without unraveling the entire economy.