Inflation
 

Florida is now America’s inflation hotspot.

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.

Now that housing prices are coming down think we are probably close to national average.

Population
 

Inflation is up due to increased population over the past three years or so combined with a housing shortage. By the way, the national rate of inflation is about 4%. I doubt that Florida is “on par”. Also, if housing costs are eliminate for Florida then those costs should also be eliminated for the other states. Otherwise the comparison is nothing more than one of apples to oranges.

A "4%" inflation rate would be an improvement VS the actual realized cost of groceries and fuel over the past 6months to a year!!

__________________________________________________ __

:censored:

I would just eliminate the housing inflation in Miami-Ft. Lauderdale sine this is the anomaly.

Fuel
 

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?

Maybe Fed will raise just TV resident's savings account rates to 10% ? Lol

Articles source distorting statistics because they hate the mass exodus from high tax states to the Sunshine State.

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

And I can get gas at BJ's for $2.94 today.

Like I have said before housing inflation in TV was not and still is not as high as S. FLorida.

"Real" inflation is when people cut back on toilet paper.

https://www.msn.com/en-us/money/othe...th/ar-AA1dIvvn

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

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?).