What Insane/Crazy Price did You Pay Today?

[2manyrocks]

Everybody raises their prices because all of their prices are being raised on them. So it is a snowball effect. And where this ends once it starts no one can predict because there are too many variables at play.

Whatever statistics and excuses there may be, the more practical question is how much I am paying for the things I need compared to what I used to pay?

 

[ljjhouser]

7/16 or 1/2" OSB sheet stock, 4 x 8. 3 years ago, $8.68 a sheet. Last year, $19.99 a sheet. last week $40 a sheet, all at Lowes.
On road diesel - 5.19 - yesterday.

 

[2manyrocks]

7/16 or 1/2" OSB sheet stock, 4 x 8. 3 years ago, $8.68 a sheet. Last year, $19.99 a sheet. last week $40 a sheet, all at Lowes.
On road diesel - 5.19 - yesterday.

Exactly.... compare these real world prices to the official "statistics."

 

[sd455dan]

Exactly.... compare these real world prices to the official "statistics."

Yep, the so called CPI has been so twisted over the years it now looks like a pretzel to get these low ball inflation numbers.

 

[ultrarunner]

Everybody raises their prices because all of their prices are being raised on them. So it is a snowball effect. And where this ends once it starts no one can predict because there are too many variables at play.

Whatever statistics and excuses there may be, the more practical question is how much I am paying for the things I need compared to what I used to pay?

I only wish this would be possible.

Managing residential rentals is a challenge as the cost of getting anything done and materials and taxes up... in many cases double.

By law I still cannot evict many that stopped paying rent or months behind and rent is basically frozen since start of pandemic.

City council did not like my suggestion property tax should be offset when owners are prevented from eviction for non payment...

 

[ljjhouser]

Seems these gov inflation numbers are a lot like a fart in the elevator. They just float around and piss everyone off.

 

[sd455dan]

I only wish this would be possible.

Managing residential rentals is a challenge as the cost of getting anything done and materials and taxes up... in many cases double.

By law I still cannot evict many that stopped paying rent or months behind and rent is basically frozen since start of pandemic.

City council did not like my suggestion property tax should be offset when owners are prevented from eviction for non payment...

Almost getting to the point of a "restraint of trade" lawsuit against the rule makers.

 

[LouNY]

Picked up 2 sheets of 1/2" plywood Thursday $61.09 each, and two 2x4-10's at $15.00 each;
Total with tax $164.35, my brother hasn't gotten a new tax exempt cert in to them yet,
it's an old lumber yard that got sold this winter to a "local" chain.

 

[ultrarunner]

I think I'm starting to think like the old timers I new as a kid.

They often complained about prices on everything from a pound of nails to a haircut, etc...

Coming up I didn't know any different and to me it was just what it cost...

Somethings continue to defy but new high prices roll on.

Exactly 100 years ago a new 2 bedroom home in the neighborhood cost $2,500...

It's relevant to me because some of my neighbors were original homeowners... still back in the 80's

Those $2500 homes now bring $750k or 300 times what they cost new.

1960's homes 15k new now sell for a million.

 

[2manyrocks]

One has to wonder about the legality of the freeze on rents and evictions by private property owners. I know they did it, but I'm not so sure about the legality of it all (why isn't it an unconstitutional "taking" of a property interest without due compensation by the government), and I'm a bit surprised we haven't seen some court calling their hand on it by now.

They probably would argue nothing was taken because landlords are still entitled to collect their rent, but good luck collecting back rent from tenants, sorry to say.

But yet another example of doublespeak from the powers that be.