“… a new home represents its highest value point in the last forty years. When adjusted against the impact of inflation over this time period, the investment in new construction unquestionably represents an unprecedented hedge against inflation.”
Recent trips to the grocery store reveal an obvious and troubling trend – the cost of food is rising. My weekly barometer is that very pedestrian member of the lettuce family, the lowly iceberg. Foodies will debate its merits or even reason for existing; however, my weekly monitoring of its persistent $2.49 price point tells me inflation has indeed crept into the produce section of my favorite store.
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