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Yuvi.
$XLRE 住房通胀变动，地产股该怎么解读？
今日美国CPI包含住房分项，但租约更新和上市物业现金流存在时差。若净经营收入能覆盖续债成本增长，地产股更有韧性。若长债收益率反弹、物业续租又走弱，住房分项的强势也可能无法支撑股权估值。
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