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A comment on U.S. Inflation Accelerates to 40-Year High. Parent comment

Re:U.S. Inflation Accelerates to 40-Year High by ck2 on Thursday February 10, 2022 @12:18PM (#30289383)
Rents are 18-21% higher now as leases expire.

It's massive, some people more than $100 per month increase.

The waves of homelessness and people living out of their cars starts in a few months.

https://www.apartmentlist.com/research/metro-rent-changes-18...

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Re:U.S. Inflation Accelerates to 40-Year High by vsskanth on Thursday February 10, 2022 @12:27PM (#30289545)
Can confirm anecdotally. Ending my 2BR apartment lease at 963/month to move into a house in a different location. Currently being re-listed at 1300/month.I was paying 850/month last year.

Last year I looked at renting a similar 2BR apartment in the new place, but prices jumped from 1300/month to 1650/month in like 6 months. So just went ahead and bought a house.

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Re:U.S. Inflation Accelerates to 40-Year High by hedora on Thursday February 10, 2022 @12:29PM (#30289584)
Yes, and there's a massive labor shortage too. Apparently people won't work for starvation wages.

It'll work out in a year or so, or we'll get hit with hyperinflation.

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Re:U.S. Inflation Accelerates to 40-Year High by titzer on Thursday February 10, 2022 @12:24PM (#30289488)
Some places are ahead of the curve. Los Angeles is already not looking good in terms of homelessness.
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Re:U.S. Inflation Accelerates to 40-Year High by redisman on Thursday February 10, 2022 @02:09PM (#30290957)
West coast hasnt looked good in homelessness for decades
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