Apartment rents surged 5% in the fourth quarter

This morning's release on the apartment vacancy rate and median asking rents was a true "Holy Cr*p!" moment.  To cut to the chase, the median asking rent for an apartment in the US jumped by over 5% in the 4th Quarter alone!  YoY the increase is about 7%.  Here's the graph showing the damage: The Bonddad Blog Note that the above graph is nominal prices.  Because owner's equivalent rent is such a huge portion of CPI, to put this in "real" terms, in the below table I am adjusting by "usual wee...