When he posted above, I thought he is Patrick… move from MP to ATX? Now I think he is @manch
Lagging rent doesn’t imply it won’t go up.
1 months to 2 months = 100% surge but is still less than 6 months.
Can’t help to wonder, did he know that prices of BARE hit a multi-year peak in Jun-Oct 2018 and is at a new ATH now? The “crash” of BARE had happened and lasted only 1.5 years.