Price increases are increases regardless what a YouTube economist or crystal ball gazer prognosticates. More money chasing the same goods or restricted goods explains plenty. Trump and Biden "gave" me and most people I know thousands each. Even sent letters bragging about it. Some of my friends got paid more not to work than work. All inflationary policy.
Btwm to add to my other comment. Inflation is not just for printing money....it is when the cost of goods outpaces the the wages....
If investors decide to pull their money from residential housing I suspect we'll see a 2006 on steroids.
Price increases are increases regardless what a YouTube economist or crystal ball gazer prognosticates. More money chasing the same goods or restricted goods explains plenty. Trump and Biden "gave" me and most people I know thousands each. Even sent letters bragging about it. Some of my friends got paid more not to work than work. All inflationary policy.