But so does inflation.

Plus inflated material and labor costs.  

Seems like a positive for the area.But it might be apples and orange, Net Migration coming in from Mexico (poor people) and the homes being bought by (well off) people who do not live there and are just using them (as second or third homes) to park their excess cash to keep up with inflation (or better) (???)

There is a lot of focus on inflation, rising home prices and rising inflation.

I don’t want to lose out to current inflation rates, and would love to for it to have some additional growth besides just what I contribute.

If unbridled inflation sweeps the markets and buyers are auctioning in my front yard, am I extorting. 

Speculating on double digit inflation, increasing rents and property values in the face of increasing interest rates and negative cashflows. 

We’ve been in such an inflated market since 2017, it’s easy for everyone to say Daves advice is stupid when we’ve been handed a bull market for as long as we have. 

Also you need to look at language in the lease and see if it has CPI resets.Example could say sales above 10 million but then each year adjust for inflation so if next year was 3% now new number is 10,300,000 before they stat paying percentage rent.

He ended up using an inflatable wedge and a prybar.