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by dominotw 1864 days ago
> Once production stabilizes, we'll have a better way to measure inflation due to money supply increases against inflation due to supply shortages.

Wont the rents for workers go up due to housing price inflation?

1 comments

Low interest rates should keep some of that in check but it will be offset by the rise in property taxes being calculated off the "new normal" home prices we're seeing. Basically, whatever property tax increases are capped at, expect to see an increase of about that much if not more YoY after people start paying taxes on their new homes.