What happened to apartment rents in the 4th quarter was jaw-dropping. My take is up at XE.com .
Meanwhile housing inventory remains very low, harming sales, as buyers simply cannot find affordable dwellings. And homebuilders tout in their earnings conference calls about deliberately holding back supply in order to profit more.
Oligopoly market power, anyone? Here is an apparent horrible example of average Americans suffering because of the complete abondonment of antitrust enforcement.