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Inflation is skyrocketing in housing, gasoline, food, and labor.
I break down the reasons why, but the common theme is that government is restricting supply while fueling demand. We also go deep on gas taxes, housing costs and the Leaving California phenomenon. I kick off the podcast discussing dealing with change during a corporate merger.
#inflation #housingcrisis #gasshortage2021
Referenced Links:
Consumer prices leap 4.2%, fastest since 2008.
https://www.cnbc.com/2021/05/12/consumer-price-index-april-2021.html
2021 San Diego Real Estate Market Investing Forecast
https://www.fool.com/millionacres/market/california/san-diego/
San Diego Home Prices Increase Fastest in Nearly 16 Years
COVID Deaths, Fewer Immigrants Caused California’s Population to Drop in 2020
California’s growth rate at record low as more people leave.
https://www.cnbc.com/2020/12/16/californias-growth-rate-at-record-low-as-more-people-leave.html
How much are you paying in taxes and fees for gasoline in California.
Exit California
Leaving the Bay Area
https://www.leavingthebayarea.com/
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