protectionist
Diamond Member
- Oct 20, 2013
- 58,623
- 19,343
- 2,250
I was a business owner for 10 years. I was always constantly aware of how much people in my sales area were spending on other things. The more they had to spend on those things, the less money they had to buy from me.
Now, we're seeing housing rents jump to levels that nobody has ever seen or even imagined before. A 1 bedroom apartment that was $600/mo, 6 month ago, is now $1200/mo. Another went from $600 to $1800.
Others are well over $2000/mo from being $700/mo not long ago. This must be killing car sales, appliances, furniture, musical instruments, sporting goods, etc.
Glad I'm retired.
Now, we're seeing housing rents jump to levels that nobody has ever seen or even imagined before. A 1 bedroom apartment that was $600/mo, 6 month ago, is now $1200/mo. Another went from $600 to $1800.
Others are well over $2000/mo from being $700/mo not long ago. This must be killing car sales, appliances, furniture, musical instruments, sporting goods, etc.
Glad I'm retired.