Inflation is currently at its highest rate since 1982. This is due mostly to the pandemic which caused global shutdowns and supply chain issues throughout the world. This supply chain blockage affected cat and home inventory, and construction materials to produce these products skyrocketed in price. Building a home obviously requires lots of materials. Over the pandemic, the cost of these materials were raised exponentially due to the supply chain breakdowns. The price of lumber alone rose 114%! Labor costs were also increased due to the worker shortage that the country was experiencing. When stimulus checks were distributed, consumers
The post Real Estate: The Hedge Against Inflation appeared first on The Merkle News.
Powered by WPeMatico