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When was the last time you saw wages go up faster than housing ?
Normally what drives inflation is loaning out too much money. The money flows into housing, and I don't know of anyone ever driving inflation with the minimum wage law, so never.
But driving inflation with the minimum wage law you should get housing going up slower than wages.
Normally what drives inflation is loaning out too much money. The money flows into housing, and I don't know of anyone ever driving inflation with the minimum wage law, so never.
But driving inflation with the minimum wage law you should get housing going up slower than wages.
No, that does not drive inflation.
Inflation is caused by inelastic demand such as energy prices. Energy prices (and housing to an extent) drive inflation.
If everyone simply quit spending, the Implode-O-Meter (TM) would necessarily skyrocket.
If you got a sizeable % to move into their cars the real estate market would implode. With 70% of the US economy based on consumer spending then if they stopped spending it would contract by 70% of the present change in consumer spending.
1) Most metro-areas are liberal to begin with.. because liberals tend to live in cities.
2) Politics and housing supply have nothing to do with each other. SF and NYC have high real estate prices because of geographic limitations. No matter how prosperous Houston, Dallas, or Chicago become, they will always be cheaper than the coasts... due to inland land availability.
Personal debt is about at 100% of GDP. There isn't a lot of upside room for more consumer demand.
Supply side. If you have a contraction in supply of oil then the prices go up. Then the price of everything that need oil goes up too. This will get you stagflation.
There is a native American language that has 15 words for different kinds of snow. But they can't just say it is snowing.
There are lots of different kinds of inflation and deflation. Inflation driven by more demand because of higher wages is what we need now.
Personal debt is about at 100% of GDP. There isn't a lot of upside room for more consumer demand.
Supply side. If you have a contraction in supply of oil then the prices go up. Then the price of everything that need oil goes up too. This will get you stagflation.
There is a native American language that has 15 words for different kinds of snow. But they can't just say it is snowing.
There are lots of different kinds of inflation and deflation. Inflation driven by more demand because of higher wages is what we need now.
Yes, it does cause it.
If there is no demand for needs, there is no inflation. Hell, there is no markets. If demand falls persistently, you get deflation.
What use is reading the Journal if it's not actionable?
What use is reading C-D if it is not actionable?
Is it true that about half the people in the world are below average in intelligence?
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