The Sharpe Angle: Harrison Street co-founder & CEO on how inflation could last "for the next decade"

During his testimony before the Senate Banking, Housing and Urban Affairs committee on Tuesday, Fed Chair Powell said inflation "won't leave a permanent mark." But one investor thinks inflation may be here to stay. Christopher Merrill is the Co-Founder and CEO of Harrison Street and sees the stickiness of price increases first-hand with his firm's focus on demographic-driven real estate, such as student housing and nursing homes. Despite the challenges these segments faced during the pandemic, Harrison Street was able to rake in an additional $7 billion last year, bringing AUM to $39 billion. Merrill sat down with Leslie Picker to discuss how his strategy has endured over the years and why he thinks inflation may linger for a decade.