Am I the only one feeling entirely hopeless about the prospects for my financial future? How does everyone else deal with this?
The idea in the article is investors are trying to increase the liquidity of real estate assets down the line towards the higher liquidity of stocks. The results are more investors seeking returns from real estate, buying up buildings as if they were stocks. This can cause a fast step change in demand against the slower increase in supply, driving up prices quickly, which in turn drives up rents.
Energy costs hit this inflation as well, because most buildings need heating and/ or cooling during the year. With the supply of traditional energy being artificially restricted, this drives up the costs associated with real estate, increasing everyone's costs. Look at what's happening in NYC.
I still would have needed what I bought, but it would have cost more (or I would have had to buy a different - probably more expensive - item due to supply chain issues) if I waited.
I hate being incentivized to be 'irresponsible'. It feels like I'm living in upside-down world.
Also, my inner 1990s 12 year old boy mind thinks it is funny. So there's that.