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Updated over 6 years ago on .

User Stats

50
Posts
15
Votes
Christopher James
  • Hadley, MA
15
Votes |
50
Posts

whats driving inflation

Christopher James
  • Hadley, MA
Posted

Rising labor costs, increased government spending, and prolonged housing shortages are the main pressure points

inflation is picking up and looking to increase over the next 18 months

A half percent mortgage is increased equals about $60 per month more in a mortgage

Rent increases have exceeded 3% annually over the last 4 years

low unemployment, rising house costs up 3% over the last year

I believe this is why there is such a demand for rentals now. Some people are getting priced out of the current market that is for sale

and lastly, lets talk about the tax write offs

America, what a Country