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Reply to "Why is everything so expensive (general rant)"
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[quote=Anonymous]--Everyone received free money during the pandemic --People who bought before 2022 refinanced and have a great PTI --People who sold their home recently and didn't turn around and buy again have $$$$ in the bank ---hourly salary of no to low skilled labor went up by multiple dollars during the pandemic Retailers, airlines, hoteliers, restaurants, manufacturers, contractors are aware of all of this, why would they not raise prices? Also, on the other hand at the same time, all of us have been spending our newfound money, creating demand, which causes prices to rise We want to feel like we go ahead during the pandemic and that the extra cash we received through one or more of the ways above should put us at at advantage somehow, but in reality they have not. Since we all received money, that is an impossibility. If we all think honestly, we are in the same place we were before the pandemic. Makes me think of my sister, she said in 2022, I have been saving more than ever and I can't afford a house--no sis everyone else's down payment fund was padded the same amount as your during COVID so you are back to where you started. [/quote]
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