FED | There are indications that housing services inflation will soon decline

[Cody Krecicki]

The long drawn out version explaining things.

A decline in housing services inflation can hurt real estate investors, as it can lead to lower property values and rental income. This can make real estate investments less profitable, especially if the investor owns property in an area with declining demand. I'll keep holding my real estate.

A decline in housing services inflation can benefit renters, as it can lead to lower rental prices. This can make it easier for renters to afford their housing, especially if their incomes are not increasing at the same rate as housing costs. Look forward to having more money for a hotdog.

Homeowners with fixed-rate mortgages may not be directly affected by declining housing services inflation, as their monthly mortgage payments will stay the same. You may benefit indirectly if declining inflation leads to lower property taxes or maintenance costs. I'd sure hope.

Homeowners with adjustable-rate mortgages may benefit from declining housing services inflation, as their mortgage payments may decrease if interest rates fall. This can make it easier for them to afford their homes and may improve their financial situation.

A decline in housing services inflation can hurt construction workers and contractors, as it can decrease demand for their services. This can lead to lower wages and fewer job opportunities in the construction industry. Which could mean cheaper renovations and roofs, etc.

Raw Source: https://www.federalreserve.gov/newsevents/speech/files/jefferson20230227a.pdf

Summarized Source: https://tweetsift.substack.com/p/ai-summarizes-a-speech-by-governor