dennis2146 Loc: Eastern Idaho

Holy SHIT. This, "And the answer is ??????", means there was a question. Do you not understand the utter simplicity of your post?

Apparently you cannot even keep up with the bullshit you post on a daily basis.

Dennis

DennyT Loc: Central Missouri woods

Bull s&&&& don’t lie so much.
I quoted a question and said “ the answer is”. Even trump would understand that .

dennis2146 Loc: Eastern Idaho

YOU didn't did you? Your post and my reply make that quite clear. You have no idea what the hell you are posting or talking about. Where is my lie? Point it out for us.

Dennis

DaveO Loc: Northeast CT

A short time ago you made the same statement regarding several lies and when pointed out you ran your mouth, spewed more insults and failed to defend your lies. Big talk, but much expected from a lying extremist nut-job!

Wyantry Loc: SW Colorado

Oh, I am quite aware of “fluff pieces” emanating from BOTH sides. Including the errant disinformation campaigns of those of the “Bidenesque” persuasion.

To examine your points further:

— “Home and car insurance at [+] 20 - 30% rates”
* The reason? Vehicles have been reassessed at outlandish prices due to a continuous up-pricing and repair-and-replacement costs.
”… car insurance goes up for seemingly no reason when you renew your policy, it's likely due to an increase in risk that's outside of your control. This could include reasons like increased claims in your area (due to more extreme weather damage, more accidents, etc.) and higher car repair and replacement costs.”
https://www.progressive.com/answers/why-insurance-rates-go-up/

— “Beef prices are up due to environmental issues”
* Actually, environmental issues have little to do with beef (or chicken, swine or other commodity) prices — fuel and equipment costs, as well as loan-servicing costs (and insurance) have increased sale prices more-so than environmental degradation or weather, disasters, &c..
”What is causing the rise in beef prices? COVID-19 threw a curveball.
It caused a surge in the prices of key cattle feed ingredients like soy, corn, and wheat. As a result, farmers can't afford to support as many cattle, leading to scarcity and subsequently driving up beef prices. Dec 17, 2023” https://www.thecommons.earth/blog/the-beef-with-beef-why-are-beef-prices-so-high#:

— “Chicken and egg prices are up due to avian flu”
* Avian flu, while a contributing factor, is not the sole reason for poultry-product increases. ” While bird flu is generally the main culprit for the price of eggs going up, there are other factors, such as the cost of labor and the high price of chicken feed.” https://money.usnews.com/money/personal-finance/spending/articles/why-are-eggs-so-expensive-right-now#:

— “Rentals and home ownership costs are way too high due to shortage of housing and relatively high interest rates . . . and a lack of affordable housing access.
(I bought our first home during 10-12% inflation rates so your boo hoo hoo about 7% doesn't phase me.)”
<<{Yeah, well goody-goody for you. I bought our first house with a mortgage rate of 14.7% WITH a VA ‘no-down’ approval. So what does this have to do with anything? NOTHING!}>>

* Several factors have contributed to the recent surge in Home and rental prices.
A). ”The sharp interest rate hikes over the past year continue to impact housing markets and affordability for both homeowners and renters across the US”,
B). ”Rising mortgage costs have pushed homeownership out of reach for millions of renters at a time when large numbers of millennial households are at prime homebuying ages and when homeownership disparities between white households and those of color are near historic highs.”,
C). ”Higher interest rates have also sparked a slowdown in the construction of new single-family homes, even as a nationwide housing shortage contributes to high housing costs.”,
D). ”First-time homebuying plummeted over the last year in response to the increased cost of homeownership. Between March 2022 and March 2023, payments on the median-priced home shot up from $2,500 to $3,000 as the annual interest rate on 30-year fixed-rate mortgages jumped from 4.2 percent to 6.5 percent. The result was a 22 percent annual decline in the number of mortgages originated to first-time homebuyers in 2022, including a year-over-year drop in the fourth quarter of nearly 40 percent, as over 2.4 million potential homebuyers were priced out of homeownership.”,
E). ”Single-family housing starts dropped 10.8 percent last year, raising concerns about the nation’s large and ongoing housing shortfall. Similarly, in the existing home market, just 970,000 homes were available for purchase in March 2023, 42 percent less than in 2019. On the other hand, multifamily construction continued to rise in 2022 even as rental demand softened. Indeed, nearly 1 million multifamily units were under construction in early 2023, the highest rate in almost 50 years”.
F). ”The outlook: As pandemic-era assistance programs wind down, housing remains prohibitively costly for millions of households. More lower-cost housing is clearly needed, but expanding development will require zoning reform to support a broader range of housing types and investments in off-site construction methods that could reduce costs. . . .” https://www.jchs.harvard.edu/blog/home-prices-and-rents-remain-high-steep-interest-rates-lock-homeowners-in-place

”It hasn’t been cheap to buy a house in decades, if ever, but the Pandemic Housing Boom started a huge run-up in prices as remote and hybrid work expanded the map for millions of Americans—many of them millennials entering peak homebuying age. The Zoom towns boomed, and prices followed.” https://fortune.com/2023/10/09/housing-market-prices-affordability-mortgage-rates-real-estate-home-income/#

* Millennials are now reaching the “family” stage of life, and the demand for housing has increased proportionately.

* Another reason is the notable exodus from states like New Jersey, California, New York, and others with consistently liberal and socialistic Democrat administrations. People are removing themselves in droves, and relocating in less “controlling” areas.
(Some problems arise when the relocatees want or demand similar “amenities” or “services” that were available where they lived previously).

scooter1 Loc: Yacolt, Wa.

I see so many prices skyrocket but I don't see them lowering their prices as things smooth out. That's price gouging and they're loving it all the way to the bank.

DennyT Loc: Central Missouri woods

Other than commodities have you ever seen prices go back to pre inflationary levels after an inflation period?
Hint Manufacturers must buy their materials that are prepared/ mined/ grown by labor .

Triple G

You confirmed what I found in my research also. Thanks.

Covid related - check
Housing shortage - check
Avian flu - check

Beef prices - climate and environmental

https://thehill.com/homenews/nexstar_media_wire/4465781-beef-prices-could-hit-record-highs-in-2024-experts-warn-heres-why/

https://www.marketwatch.com/story/the-biggest-wildfire-in-texas-history-highlights-cattle-ranchers-challenges-and-could-push-beef-prices-higher-for-consumers-90f5ca2e

Triple G

DennyT Loc: Central Missouri woods

I would add . I heard on one of the business channels that there had been a housing shortage since 2008 and it exacerbated by the COVID pandemic

dennis2146 Loc: Eastern Idaho

What does bussonesy even mean? Did you make it up? Was it a mistake? Do you ever proofread your posts before submitting them?
Apparently you do not. You have never submitted a readable post have you?

Dennis

Triple G

Here's the chart.

https://www.axios.com/2023/12/16/housing-market-why-homes-expensive-chart-inventory#

DennyT Loc: Central Missouri woods

Crawl back in your burrow,

DaveO Loc: Northeast CT

That's no way to talk to the forum grammar police.

He lies a lot too.

DennyT Loc: Central Missouri woods

He must own stock in the company as he gets away with do much.