{"id":2987,"date":"2020-12-15T10:43:54","date_gmt":"2020-12-15T10:43:54","guid":{"rendered":"https:\/\/afluxcoin.com\/43\/inflation-is-already-rampant-if-you-arent-a-homeowner-in-2020\/"},"modified":"2020-12-15T10:43:54","modified_gmt":"2020-12-15T10:43:54","slug":"inflation-is-already-rampant-if-you-arent-a-homeowner-in-2020","status":"publish","type":"post","link":"https:\/\/afluxcoin.com\/zh\/43\/inflation-is-already-rampant-if-you-arent-a-homeowner-in-2020\/","title":{"rendered":"Inflation Is Already Rampant If You Aren\u2019t A Homeowner in 2020"},"content":{"rendered":"

The stock market has become more popular than ever this year due to the big crash in March of this year and with more people working from home than ever, stock investing has really become a more important part of many people\u2019s lives. The record highs of the NASDAQ and S&P indices have been touted as empirical evidence for inflation in 2020 during the pandemic. While I\u2019m not here to debate the merits of this assertion, I do think many of us might be missing an even bigger problem in our purview, the skyrocketing housing market, even during a time when the typical American is having difficulties to make ends meet.The Housing Market is out of control around the nation on average. Courtesy of RedfinAs a retail investor who takes heed of economic trends and observes various markets, I opine that the housing market is the most alarming indicator of inflation right now for the typical American, especially in popular urban and metro areas. Stocks aren\u2019t an essential part of the typical American\u2019s lives. Other than 401k and IRA retirement accounts, the majority of Americans weren\u2019t major players in the stock market prior to 2020. On the other hand, housing plays a much more prominent role in American families\u2019 lives. With historic lows in home ownership, this is especially troublesome for many millennials in their late 20s and 30s, who may be renting still and looking for a permanent residence to live in.Courtesy of the Federal Reserve Bank of St. LouisIf you thought houses were unreasonably expensive prior to 2020, and I certainly know many friends and business associates who have been waiting the past couple years for an inevitable dip\/crash in housing prices, you certainly were in for a rude awakening this year. Yet prices continue to rise, even\u2026<\/p>","protected":false},"excerpt":{"rendered":"

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