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Round-Good-8204 t1_iyzhzto wrote

Exactly. Unfortunately, nobody cared about locking in a fixed rate at like 4% because "it could go back down, you don't know".

I don't even own a house or car or any loans in my name, and I still feel like I'm catching the back end of the fallout because now everything I need is more expensive. Even local bodegas are charging more for stuff because they need the money to cover their ridiculous mortgages.

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san_serifs t1_iyzyokd wrote

Bodega prices mostly increased because wholesale prices increased. There could be other factors for some stores, but that is the main one.

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