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Gerald Lucas

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The Good News For Homeowners About Inflation, Huge Real Estate Auction Risk, Building Materials Cost Skyrocket

March 15, 2022 Gerald Lucas

The Good News For Homeowners About Inflation

Real Estate Tip:

Be very careful if you participate in a real estate auction. Auctions encourage impulsive behavior and at most auctions there's usually someone dumb enough to pay too much for a property-- better to let that person win. No one ever got rich paying too much for something!

Real Estate Insight:

Building materials prices increased 20.3% year over year and have risen 28.7% since January 2020.

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Tags Gerald Lucas, real estate tips, real estate strategies, The Great Resignation, The Great Reset, construction projects, office space, demand, vacancy, supply chain disruptions
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