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Some facts. Back of the envelope objective analysis.
BLS OER ..
Mom annualized 4.7%
3M annualized 3.9%
Market Based data.
Case-Shiller 20 4M annualized-3.4%
Replacing for BLS Shelter : CPI 0.54%
Cleveland Fed New Rent YoY -9.3%
Replacing for BLS shelter: CPI -1.67%
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