The Symptom of Deflation

By Econ70 | 04/01/2011

Deflation 101: It’s critical to keep in mind that deflation is a symptom of weak demand but it is not necessarily a cause. If we attack the symptom of falling prices with a dose of inflation, we risk having 2 problems not 1–inadequate real demand and unwanted inflation. Yes, deflation has hurt Japan but they…

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Families in the Market

By Econ70 | 02/10/2011

I am quite bullish on the multi-family area of the market where demand is strong and strengthening and vacancy rates are declining. The apartment space looks good but as the homeownership rate continues to fall, the improvement in MF is coming at the expense of the single-family sector. This is important to consider because household…

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