Ray Lopez
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Excellent rant. As a long-time landlord in the DC area, I love people like you, as it keeps my properties occupied. I am disappointed to hear about Metro, as lots of my properties are near Metros. Party on! (Ray rubs his greedy little hands together).
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What? Ok. So Ben Cole is saying cost-inflation due to excessive priced houses on zoned land can signal the Fed to do something with money. But you can also argue that oil prices peaking around 2006 did the same thing, and so on. Or you can say money is neutral and the whole seeming paradox disappears.
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