A passing reference was made in yesterday's blog as to the cost of shelter, and its inflation in the face of revenues and income not rising as quickly. This included rent increases, and mortgage spreads for purchasers.
As part of the commentary on stagflation, and referring to the critical issue of measuring the essentials of living to understand what is occuring in the world. Whether it is for financing purposes, acquisitions, investment or just surviving, it is our position that stagflation is occuring in many countries around the world and should influence decisions.
Stagflation is when the cost of living inflates faster than GDP growth (on a per capita basis would be helpful).
Then this is reported for the UK. Through The Guardian, it is reported that homelessness has risen 14%. Charities then argue that this does not measure all those people stumping up at home or staying with friends, but only the very lowest level of those requiring assistance with shelter.
And the Royal Institute of Chartered Surveyors also overnight reported that rental increases continue, as they have for a number of quarters, but fortunately at a slower pace. 10%.
And the UK is reported to be entering a mild recession this year. Oh dear!!
As part of the commentary on stagflation, and referring to the critical issue of measuring the essentials of living to understand what is occuring in the world. Whether it is for financing purposes, acquisitions, investment or just surviving, it is our position that stagflation is occuring in many countries around the world and should influence decisions.
Stagflation is when the cost of living inflates faster than GDP growth (on a per capita basis would be helpful).
Then this is reported for the UK. Through The Guardian, it is reported that homelessness has risen 14%. Charities then argue that this does not measure all those people stumping up at home or staying with friends, but only the very lowest level of those requiring assistance with shelter.
And the Royal Institute of Chartered Surveyors also overnight reported that rental increases continue, as they have for a number of quarters, but fortunately at a slower pace. 10%.
And the UK is reported to be entering a mild recession this year. Oh dear!!
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