Prices are sooo high not even inquiring about lumber material, etc. Boats seem soo expensive now than 5 years ago. Will things go cheaper next year with the economy opening back up? Not paying a price I could have gotten it 10 years ago for.
Or not.It's far from over.
Inflation continued to surge in May, with consumer prices accelerating at the fastest pace in more than 12 years as the economy emerges from the pandemic, the feds said Thursday.nypost.com
People are going in debt thats how they are getting the money ! Glad I'm out of debt . Kinda wished I hadn't bought that side by side but its got a clear title and I'm going to set it up for street legal to drive short distances just got to put this signal/horn kit on it .Stuff is selling crazy high, supplies are low, and it has spurred a feeding frenzy with people wanting to buy everything that IS available. My biggest question is...where are they getting the money to buy all of it? Those stimulus checks couldn’t have stretched that far lol. And I don’t think even the ones staying home getting checks because of Covid can be stretching the $ that far.
I know 2 different people that got the idea to list their houses for sale because all they were looking at was how much profit they could make vs what they originally paid for the homes. They didn’t think about *why* the houses could be sold for what they sold for...and that they might not be able to find another house anywhere near the size of what they had just sold. One of them ended up having to buy a used doublewide just to have a place to live.