text:  And you can use measures of rent that look pretty high. It is expensive to rent right now. And you could make a case that, well, rents are going to be going up even more in the future. So maybe that justifies having high housing prices today. Because if you buy a house, you protect yourself from those higher rents in the future. But it's still hard to come up with a rent measure that really justifies how high prices are today.