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Is this Useless S%*# Index Signaling S&P Declines? from Alston Mabry

I received a correspondence from a friend entitled "is this useless shit index signaling S&P declines?"

It prompted me to try to count something I had been wondering about:

US Median gross rent

1940: $284

2000: $602

Annualized rate of inc: 1.26%

2000: $602

2017: $982

Annualized rate of inc: 2.93%
(Data sources)