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Originally Posted by TampaToker
Rent increase: Supply and demand home prices are getting out of control which means more people renting and less home buying rent prices increase for a while to home prices come back down.
Food Increase: On food prices for me anyways from moving from Tampa to Las Vegas food is actually cheaper here. We did a price comparison bought same exact items from our last shopping bill from Florida was $27 cheaper. Will have to watch the prices to see if the do go up.
Tariffs: Hard to say how much those tariffs effect us personally so really hard to gauge.
Inflation: That's a tough one to argue if you wanna borrow money or buy a house. But i do see the global banks are following the feds leads and raising interest rates. Sadly they are talking about inflation lasting for a good bit here. that will affect us all but you could argue last 3 administrations are responsible for this.
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Obama had the longest expansion in US history without much inflation. Sort of tepid numbers though is the knock.
Tariffs will create inflation. Rising costs without growth. It is probably time we see rising rates.