[Wondering]

Originally Posted by golfing eagles

Go past the sensational headline.

Florida's inflation rate was driven up by housing costs in the Miami-Ft. Lauderdale area (up 9%). Eliminate that and we are at par with the national norm.

Wrong again! Do some legitimate research. National inflation is 4%, Florida is at 9%. Highest homeowner's insurance premiums in the country. Don't tell me because of hurricanes. There are weather and climate disasters all over our country but Florida has ridiculous homeowner's insurance premiums because of insurance industry greed and lack of State leadership.

[Keefelane66]

Originally Posted by huge-pigeons

Housing prices in TV are rather cheap compared to a lot of bigger cities like nyc, la, San Fran, Chicago, etc..
People are moving out of those poorly ran cities/states and want to come here, Texas, Nashville, and others. If you own a house in Florida you will reap the benefits over time. The best thing about this migration is these people are leaving their old ideology at their last place of residence and not bringing it here. DeSantis won by a few thousands of votes 4years ago, but this time with millions of more people here in Florida, he won by millions of votes

DeSantis won by 1,500,000 votes.

[Whitley]

Originally Posted by Wondering

Wrong again! Do some legitimate research. National inflation is 4%, Florida is at 9%. Highest homeowner's insurance premiums in the country. Don't tell me because of hurricanes. There are weather and climate disasters all over our country but Florida has ridiculous homeowner's insurance premiums because of insurance industry greed and lack of State leadership.

Did you really need the "Wrong Again" comment?

[Regorp]

Originally Posted by Boffin

FYI: national average cost of fuel one year ago was about 4.75. Current national average is about 3.65. Six months ago it was around 3.35.
Go figure eh?

And in January of 2021 it was app x 2.35!!

[maistocars]

I think it serves as an excellent opportunity for the OP to move quickly to NY or some of those lesser inflationary states......

[zuidemab]

Originally Posted by Stu from NYC

Need to close the journalism schools and fire the professors who do not teach student to be objective

Yes, we should all do research and be objective.

[Birdrm]

Originally Posted by Battlebasset

Recent WSJ article noted that with housing and used car prices coming down, that should help inflation numbers.

How many/often houses and used cars does an average person buy in a year? Five years? The two things most care about would be food and energy (gas/electric/gasoline). Most everything else can be curtailed or forgone entirely in some cases (do you really need a new TV, or do you just want one?).

I agree that there should be a "true" inflation calculated that only includes every day items like food, gas etc. to show the increases in every day items. I agree if housing or automobiles are up this year and I don't buy one for the next 5 years how am I impacted every day by these items?

[Steve]

Originally Posted by Boffin

FYI: national average cost of fuel one year ago was about 4.75. Current national average is about 3.65. Six months ago it was around 3.35.
Go figure eh?

The week Joe Biden took office it was $2.29 (according to USA Today). So who bumped it up to $4.75? And now the administration is taking credit for getting it "down" to $3.35?

[Keefelane66]

Originally Posted by Steve

The week Joe Biden took office it was $2.29 (according to USA Today). So who bumped it up to $4.75? And now the administration is taking credit for getting it "down" to $3.35?

Bj’ and Sam’ $2.96 while Walmart is $3.41 WHY?

Oil is a commodity and priced world market it’s either West Texas or Brent pricing on speculation.

[Chi-Town]

Good news on inflation and the S&P from this morning.

Access Denied

[eyc234]

Be prepared for prices to go up more for insurance as another company leaves the state. Legislature and governor have done nothing to fix. Groceries are going to rise as workers leave state due to legislation passed that is causing migrant farm workers to leave state. $10 million in budget to bus & fly workers out of state. How about giving homeowners a relief with that money. Give citizens relief that are still suffering from past storm damage. Stop the politics and help the citizens of this state and country.

[Caymus]

Originally Posted by eyc234

Be prepared for prices to go up more for insurance as another company leaves the state. Legislature and governor have done nothing to fix. Groceries are going to rise as workers leave state due to legislation passed that is causing migrant farm workers to leave state. $10 million in budget to bus & fly workers out of state. How about giving homeowners a relief with that money. Give citizens relief that are still suffering from past storm damage. Stop the politics and help the citizens of this state and country.

So? Are you predicting a population decline in Florida? To which high tax. high crime state will they be moving?

[MrFlorida]

A housing shortage, and yet the borders are wide open.... so where are all these people going to live ?

[Chi-Town]

Inflation rate June, 2022 9%
Inflation rate June, 2023 3%

Video has more details.

https://youtu.be/2JCd5Lwsung

[Boomer]

Inflation is a big topic this morning on CNBC. Pretty hopeful commentary in general.

Boomer