The Real Estate News Brief: Is the Inflation Battle Over? Social Security’s 2025 COLA, Mexico City vs. Airbnb
Description
In this Real Estate News Brief for the week ending October 12th, 2024… why some economists are saying the inflation battle is over, how much Social Security will be boosting paychecks next year, and what Mexico City is doing about short-term rentals.
Hi, I'm Kathy Fettke and this is Real Estate News for Investors. It’s also a call out to investors interested in newly-built rentals in San Antonio, Texas! We’ll be hosting a property tour on November 2nd and you are invited to join us! We get together for cocktails and Day of the Dead festivities on November 1st and go on a tour of for-sale rental properties the next day. You can read more about the event and register at newsforinvestors.com under the Connect tab. Hope to see you there!
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The views and opinions expressed in this podcast are provided for informational purposes only, and should not be construed as an offer to buy or sell any securities or to make or consider any investment or course of action. For more information, go to www.NewsForInvestors.com
REFERENCES:
1 - https://www.cnbc.com/2024/10/11/the-federal-reserve-may-have-pretty-much-just-hit-its-2percent-inflation-target.html
2 - https://www.cnbc.com/2024/10/10/cpi-inflation-september-2024.html
3 - https://www.cnbc.com/2024/10/10/cpi-inflation-september-2024.html
4 - https://www.cnbc.com/2024/10/11/producer-price-index-september-2024-.html
5 - https://www.cnbc.com/2024/10/11/deflation-inflation-cpi-september-2024-in-one-chart.html
6 - https://www.marketwatch.com/story/minutes-show-a-cautious-fed-economists-say-with-little-hurry-to-slash-rates-91e1c8dc?mod=mw_latestnews
7 - https://www.marketwatch.com/story/jobless-claims-surge-to-highest-level-in-more-than-a-year-6885edda?mod=economy-politics
8 - https://www.freddiemac.com/pmms
9 - https://moneywise.com/real-estate/jerome-powell-federal-reserve-housing
10 - https://apnews.com/article/social-security-cost-of-living-inflation-increase-e25d292b6c0af80fc9cce9d309e48f02
11 - https://www.bloomberg.com/news/articles/2024-10-03/mexico-city-restricts-airbnb-rentals-to-curb-gentrification?srnd=citylab
12 - https://www.bisnow.c
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