In fact, CNN is reporting that 940 U.S. homes sold for more than half a million dollars above listing price in March, and 310 U.S. homes sold for more than a million dollars above listing price in that month alone.
Single-family rents were up 5.3% year over year in April, rising from a 2.4% increase in April 2020, according to CoreLogic. That is the largest gain in nearly 15 years.
Just look at what is happening in the restaurant industry. In upstate New York, the cost of chicken wings has gone up 99 percent and the cost of fryer oil has gone up more than 120 percent so far in 2021.theeconomiccollapseblog We Should Be Shocked By What Inflation Is Doing To Home Prices, Because We Have Never Seen This Before