Inflation in UW
How is everyone handling the general thought process that inflation will run above expectations in the short term due to the Fed's policies? 3.5% inflation for Op Ex rather than 3%? Rent growth is pretty much flat to negative in certain areas, but should we expect op ex / cap ex costs to increase more than the typical 3%?
I'm going to be honest, I don't know anyone who thinks inflation will be skyrocketing in the short term. Long term maybe, but yeah our UW is still sticking to 3%.
The comment above is correct “industry standard” is 3%. Yes it’s absolutely stupid. Should be 2%/whatever fed target is
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