“Property Values Fall Across US, Europe on Bite From Inflation”
June 15, 2022
“Prices have fallen by about 5% to 10% compared to a year earlier in some areas, according to David L. Steinbach, with Europe following a trajectory set in the US. “I think we’re in for a rough few months,” he said. “This year is going to be choppy water.”…”
https://finance.yahoo.com/news/property-values-fall-across-us-145849058.html
We have a stagflation problem not inflation. Listen closely. The U.S. will never have a hyper-inflation problem. The banks never allow it. If the banks were to collapse due to inflation everyone would instantly be able to pay off their home loans. Loans have fixed rates. If a person is bring home 1 million dollars a week because bread cost $50, 000; that same person could pay off their 200K loan for their house with basically amounts to monopoly money. This is just my opinion yes, but I think this is extremely strong evidence suggesting what I’m saying is correct.