The hidden price of inflation: High costs disrupt life in more ways than we can see - USA Today

[Afro]

The hidden price of inflation: High costs disrupt life in more ways than we can see

Inflation takes long-run toll on society and economy by distorting markets, weakening purchasing power, forcing consumers to devote time to adjusting.

www.usatoday.com

 

[JNew]

real estate is a mess.

Houses that 5 years ago where 500K are now 1.1+ million.

 

[Ethnic Vagina Finder]

Rent will never be under $1000 again and gas will never be under $2.00 again

 

[Ethnic Vagina Finder]

real estate is a mess.

Houses that 5 years ago where 500K are now 1.1+ million.

And states they collect property taxes are fine with it. They get to collect more money.

 

[Apollo Creed]

real estate is a mess.

Houses that 5 years ago where 500K are now 1.1+ million.

shyt be tempted to sell then you realize you got nowhere to go lol

 

[Afro]

shyt be tempted to sell then you realize you got nowhere to go lol

Bunch of older folks at my job now want to downsize, kids are grown.

But they got nowhere to go to and they don't want to rent out the other rooms.

 

[Spence]

shyt be tempted to sell then you realize you got nowhere to go lol

That’s the main driver in nobody moving to an upgraded place “like we are supposed to”. Fk I look like leaving my $400k loan at 3.3% to a $800k loan on 9%

We staying in this house at least 15 years opposed to the 5-7 we planned on.

 

[Apollo Creed]

Bunch of older folks at my job now want to downsize, kids are grown.

But they got nowhere to go to and they don't want to rent out the other rooms.

Yup, sell and end up paying more for the sake of downsizing. Only thing that makes sense is selling and then retiring in a cheaper country where you can buy something cash and still have a ton of money in savings to pair with social security and any other retirement income

 

[Apollo Creed]

That’s the main driver in nobody moving to an upgraded place “like we are supposed to”. Fk I look like leaving my $400k loan at 3.3% to a $800k loan on 9%

We staying in this house at least 15 years opposed to the 5-7 we planned on.

Yeah i said im never selling my house, im just gonna use equity for investments outside the country. The US market is fried

 

[Amestafuu (Emeritus)]

real estate is a mess.

Houses that 5 years ago where 500K are now 1.1+ million.

It won't get better

People need to brace for impact cuz we are going to hit a wall hard. I grew up in a developing country with hyper inflation in the 90's

This is the closest I've seen North America look to the so called third world. The middle class is disappearing.

 

[Spence]

Yeah i said im never selling my house, im just gonna use equity for investments outside the country. The US market is fried

We are looking at a few huge ass apartments in Thailand for sub $100k to retire at. $1usd is like $25 over there

 

[Afro]

We are looking at a few huge ass apartments in Thailand for sub $100k to retire at. $1usd is like $25 over there

According to Google, its $1us is $36 baht

 

[Spence]

According to Google, its $1us is $36 baht

Which is why I’m retiring in slant eye ville

 

[AAKing23]

The dream if prices went back to 2019 for things with my salary I have now will never be

 

[Standing on business]

No, there’s nothing hidden about it and I’m pretty sure any grown adult who’s paid bills the last decade can definitely see it.