I'm not so sure the first and second things are as related as you think. They've been hoarding property, metals and other stores of wealth for a while now. Metals have been on backorder for a while, especially due to the silver buying trend blooming. When it comes to property, the bubble is bursting and is bound to continue to do so for months, if I had to guess.
In fact, I would argue that they're doing the opposite of what you're saying. I think the reason for the backorders deepening on PMs is because they're being hoarded. The property thing is probably harder to explain though. My speculations there would be less appropriate though. Property isn't usually my game even if I get the gist of how to navigate it. If I had to guess, I'd say Zillow is getting ahead of the downward trend and is trying to maintain cash flow, but is also okay with taking some losses because they bought more homes than inventories demanded to hedge in favor of an increasing house market. They might have taken some hits as a result, but their bets were likely in favor of the market continuing to bubble. So, if anything, I would assume this is good news for average hoke buyers.
If you're looking to move, build or just buy land, give it at least three months and then resume consideration. At least, this is what I'm planning. You should do your own research though.
Yeah it's interesting. Where I am a Ram 1500 TRX is out of stock. 4 are coming in Jan but you have to pay for them now with a markup over sticker.
As for Mercedes in my area you have to put one on order and the delivery date is July of 2022 with 30K over sticker! The AMG are +75K over sticker.
Scottsdale AZ, same story $120K vehicles going for $250K
I was looking at drill presses. Base models went up from $145 for a 2.8HP engine a downgrade of 2.5hp same brand only now it's $189.99
I wouldn't suggest making any big purchases until after the first of the year. Even then, I'd definitely wait another four months or so at least before resuming considerations. Government continuity endeavors are weighing down on average consumers at present in order to assert government dependence. This whole plandemic routine is just a compliance routine and since the proles are protesting the infringement of daily activities because they aren't interested in the 2030 agenda, they are seeing retaliation by way of blocking distribution systems: truckers were targeted (a terrible idea; but the elites don't care because they have enough wealth to not feel an impact), shipping container freight and automobile, chip, residential/commercial build production are all being vividly affected.
This was all orchestrated to make the proles comply. It won't work. Be prepared to feel the burn for a little while longer. I don't expect it'll last much more than like four months though, personally.
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