Quote:
Originally Posted by Bladewire
Rent increase, 35% gas price increase, cost of food increase, 25% tarriffs on most everything imported, companies closing because of tarriffs, layoffs because of tarriffs, feds have raised the cost of credit 6 times in the last 18 months due to skyrocketing inflation, etc.
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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.