Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: GraceZ who wrote (25944)	12/14/2004 3:04:33 AM
From: Mike Johnston	Read Replies (3) \| Respond to of 306849

1. 20-40 % annual increase in real estate prices in many areas. 2. copper +100 % 3. steel +100% 4. health care inflation in the double digits. 5. College tuition up anywhere from 8 to 15 % per year 6. Oil +40% 7. Significant decline in the value of the dollar. 8. Food prices are up close to 30 % in couple of years 9. Transportation costs are up. 10. Property taxes in my area +12% in one year. 11. NYC tunnel and bridge tolls, subway fares much higher 12. Restaurants raising prices for first time in years 13. Hotel room rates are through the roof. 14. Money supply +8% per annum 15. Gold up 70% in a couple of years Those are just based on my personal experiences. Also many businesses struggle with increased costs. If that is not inflation i don't know what is. I don't know if it means that the world is delusional about inflation. Certainly foreigners do not experience inflation first hand, because they do not live here, instead they rely on inaccurate government statistics. Many people do complain about inflation. And what happened to bond vigilantes ?, your guess is as good as mine. To tell you honestly, i am puzzled.