The problem seems to be that inflation is now moving into categories where it tends to stick around - rent and wages. As the recent rally shows, as long as the

The problem seems to be that inflation is now moving into categories where it tends to stick around - rent and wages. As the recent rally shows, as long as the markets continue to go up, rental rates aren’t going to come down. Commodity-led inflation might well be on its way down, but unless you do something about rampant rental inflation, it will mean nothing. A 20% increase in your monthly gas bill hurts. But a 20% increase in your monthly rental can be life destroying.