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: Smiling Bob who wrote (106402)	2/23/2008 6:06:46 PM
From: RockyBalboa	Respond to of 306849

In Europe we used to have tame figures, depending on whom to believe... but there are some hot spots: rents went up 10%, the volatile foods prices rose 20% in short time. Leading the price hikes are wheat products with a more than 40% jump, on average (discounted stuff nearly doubled). And we had a strong currency. In some areas, Gasoline reached $9 pg. In comparison: the toughest negotiators, the mighty German Metals Union reached a wage hike of 5.2% (gross) for its workers. My company has a policy to hike expenses around +4% overall.