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https://finance.yahoo.com/news/labor-market-workers-are-getting-two-jobs-amid-inflation-says-industry-watcher-185633402.html
Labor market: Workers are getting two jobs amid inflation, says industry watcher
i hope wage increases catch up some with housing costs within the next 2 to 3 years ...
I noticed prices dropping at Amazon.
I've been bashing the "there's no inflation, inflation is too low, we need more inflation, inflation is transitory, inflation is good for you, it's Putin's inflation, we need to raise the inflation target" animals for 10 years online. Anytime there's a discussion of inflation, the only ones calling for more are inbred economists, people who own lots of [levered] assets, people who make a living off of either of these groups, & kids still living at home. The other 90% will chew your ear off about the high cost of living.
people who own lots of [levered] asset
How would this help reduce inflation?
https://rudy.substack.com/p/noted
Framing Lumber Prices Down 57% YoY, Below Pre-Pandemic Levels
Lumber is at 2005 price levels. This will help to drive down housing costs.
Lower lumber costs will not lower house costs as the cost of labor more than makes up for it. Talk to someone who recently contracted a home improvement.
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https://patrick.net/post/1344548/2022-04-11-putin-s-price-hike-failing-administrati
Frankly, I prefer my spaceship to have big tits and not fake inflated ones.
EDIT - numbers drop:
America goes back to the 80s: Surging gas prices and higher rents push inflation to 41-year high of 8.5% as White House blames it on Putin invading Ukraine
The consumer price index rose 8.5% in March from a year ago, the fastest increase since December 1981
Housing costs, which make up about a third of the index, have escalated and show no signs of cooling
Gasoline prices soared 49% in March from a year ago as the war in Ukraine rocked energy markets
Biden's administration tried to get ahead of the dire inflation news by blaming Russian leader Vladimir Putin
But Republicans place the blame for soaring prices on 'Democrats' reckless spending and failed policies'
https://www.dailymail.co.uk/news/article-10711311/Inflation-soars-new-41-year-high-8-5.html?source=patrick.net