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Price Inflation - News and Discussion
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[QUOTE="Pupik, post: 13591373, member: 4274"] To be brutally honest, part of the problem in the Huntsville area (and other fast-growing growing areas [over 10% population gains in the last decade] of the US) is that jokers like me move there from places where homes and rents were more expensive. Couple that with a demand that was already outstripping supply before the pandemic had begun, pile in with every other supply-chain excuse, plus a "real" 10% inflation gain on nearly everything, and you have a situation that keeps moving people out to the fringes of the city. Sorry to admit that I'm part of the problem; but after living in South Florida (as described above), we literally could not afford to move up into a bigger home and in a nicer neighborhood. Yes, labor has shifted around – labor can find jobs that pay better and the experience barrier is greatly reduced – but that also means that people don't have to accept low-wage jobs or perform hard labor to get good wages anymore. The shuffle is then complicated by people resigning if they don't get equal or even better pay as their colleagues. [/QUOTE]
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