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And Now Prices Are Really Soaring: June Rent Jump Is Biggest On Record

And Now Prices Are Really Soaring: June Rent Jump Is Biggest On Record
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.

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And Now Prices Are Really Soaring: May Rent Jump Is Biggest On Record

by Tyler Durden
Friday, May 28, 2021 - 01:25 PM
With BofA predicting that the US is facing a period of transitory hyperinflation as a result of soaring commodity prices in everything from metals to food.
The @UNFAO global food price index rose for an 11th month in April to a seven year high at 120.9, representing a y-o-y jump of 30.7%. Food #inflation has not risen this fast since 2011 with all sectors rising led by sugar and oils - #agriculture#grainspic.twitter.com/V78egWukzI
Ole S Hansen (@Ole S Hansen) May 6, 2021
.. and beyond, in what increasingly more warn is a stagflationary burst right out of the 1970s playbook. ....

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And Now Rents Are Soaring Too

by Tyler Durden
Saturday, May 08, 2021 - 02:18 PM
With BofA predicting that the US is facing a period of transitory hyperinflation as a result of soaring commodity prices in everything from metals to food.
The @UNFAO global food price index rose for an 11th month in April to a seven year high at 120.9, representing a y-o-y jump of 30.7%. Food #inflation has not risen this fast since 2011 with all sectors rising led by sugar and oils - #agriculture#grainspic.twitter.com/V78egWukzI
Ole S Hansen (@Ole S Hansen) May 6, 2021
.. and beyond, in what increasingly more warn is a stagflationary burst right out of the 1970s playbook. ....

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American Homes 4 Rent : Reports First Quarter 2021 Financial and Operating Results

American Homes 4 Rent Reports First Quarter 2021 Financial and Operating Results
CALABASAS, Calif., May 6, 2021-American Homes 4 Rent (NYSE: AMH) (the Company ), a leading provider of high-quality single-family homes for rent, today announced its financial and operating results for the quarter ended March 31, 2021.
Highlights
•Rents and other single-family property revenues increased 8.8% to $312.6 million for the first quarter of 2021 from $287.3 million for the first quarter of 2020.
•Net income attributable to common shareholders totaled $30.2 million, or $0.09 per diluted share, for the first quarter of 2021, compared to $20.2 million, or $0.07 per diluted share, for the first quarter of 2020.
•Core Funds from Operations ( Core FFO ) attributable to common share and unit holders increased 8.5% to $0.32 per FFO share and unit for the first quarter of 2021 from $0.29 per FFO share and unit for the first quarter of 20 ....

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American Homes 4 Rent Reports First Quarter 2021 Financial and Operating Results

American Homes 4 Rent Reports First Quarter 2021 Financial and Operating Results
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CALABASAS, Calif., May 6, 2021 /PRNewswire/ American Homes 4 Rent (NYSE: AMH) (the Company ), a leading provider of high-quality single-family homes for rent, today announced its financial and operating results for the quarter ended March 31, 2021.
Highlights
Rents and other single-family property revenues increased 8.8% to $312.6 million for the first quarter of 2021 from $287.3 million for the first quarter of 2020.
Net income attributable to common shareholders totaled $30.2 million, or $0.09 per diluted share, for the first quarter of 2021, compared to $20.2 million, or $0.07 per diluted share, for the first quarter of 2020. ....

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