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Everyone's talking about inflation, but almost no one is talking about the force that could quietly deflate it for the next decade or more.It's housing.Home prices are up just 1% year-over-year. Asking rents (the ones you see posted on sites like Redfin) have been essentially flat since 2022. The shelter index is still elevated at 3%, but it has come way down from its 8% peak in 2022, and I expect it to keep falling.Here's why this matters long-term, not just right now:We are finally building th
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