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

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Listed:
  • Jim Dolmas
  • Xiaoqing Zhou

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.

Suggested Citation

Handle: RePEc:fip:d00001:92992
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File URL: https://www.dallasfed.org/research/economics/2021/0824
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