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A comment on US inflation means families are spending $709 more per month than two years ago. Parent comment

Re:US inflation means families are spending $709 more per mo... by xwdv on Sunday August 13, 2023 @03:32PM (#37113453)
It’s not silly. If you know prices are only going down you might hold off on buying that house or car until later because you know you’ll just get it cheaper.
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Re:US inflation means families are spending $709 more per mo... by cjbgkagh on Sunday August 13, 2023 @03:43PM (#37113590)
Depends if you need a house or not, the idea that people are treating future consumption as an investment does not seem to hold much weight. In a competitive market others will be making a similar gamble meaning rents will be higher than normal due to increased demand, and the market will normalize.
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