What is expense inflation?
The risk that operating costs (insurance, property taxes, utilities, labor, repairs) grow faster than revenue. Lease structure (NNN vs. gross vs. modified-gross) is the main defense.
Where you will use it: this term comes up in the Real Estate Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Real Estate Finance course by Devon Coombs, CPA, MBA.