{"id":4315,"date":"2022-11-18T00:33:08","date_gmt":"2022-11-18T00:33:08","guid":{"rendered":"https:\/\/imsfund.com\/?p=4315"},"modified":"2022-11-18T00:33:08","modified_gmt":"2022-11-18T00:33:08","slug":"you-wont-believe-it-inflation-finally-peaked-heres-the-proof","status":"publish","type":"post","link":"https:\/\/imsfund.com\/index.php\/2022\/11\/18\/you-wont-believe-it-inflation-finally-peaked-heres-the-proof\/","title":{"rendered":"You Won&#8217;t Believe It. Inflation Finally Peaked\u2014Here&#8217;s The Proof"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div :class=\"{ 'hidden': $store.proContent.showFullPrompt() }\">\n<section class=\"px-4 relative border border-slate-200 mobile-toc lg:hidden\" x-data=\"{open:false}\"><button class=\"flex items-center gap-4 my-2 border-none w-full\"><br \/>\n<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"h-6 w-6\" fill=\"none\" viewbox=\"0 0 24 24\" stroke=\"currentColor\" stroke-width=\"2\"><path stroke-linecap=\"round\" stroke-linejoin=\"round\" d=\"M4 8h16M4 16h16\"\/><\/svg><\/p>\n<h2 class=\"font-semibold text-slate-800 text-base m-0 js-toc-ignore\">In this article<\/h2>\n<p><\/button><\/p>\n<\/section>\n<p><span data-preserver-spaces=\"true\">Earlier in November, new\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.bls.gov\/cpi\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Consumer Price Index<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0(CPI) data was released, revealing that inflation had dropped on a year-over-year basis from 8.2% in September to 7.7% in October. This is welcomed news. Don\u2019t get me wrong, 7.7% inflation is still unacceptably high, and no one should be cheering yet. But the fact that the year-over-year inflation rate has fallen four months in a row is a good sign, and I believe it will fall even further. I ran some numbers and believe it\u2019s very likely that inflation has peaked and will decline (albeit slowly) throughout 2023.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">There are several reasons for why inflation has likely peaked: Fed action, supply-side fixes, and the \u201cbase effect.\u201d I\u2019ll quickly touch on the first two, but I am excited to share my research on the base effect, so make sure to check that out.\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Fed Action<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">As we all know, the Federal Reserve has been raising its Federal Funds Rate for most of 2022 in an\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/the-fed-wants-a-housing-correction\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">effort to reduce inflation<\/span><\/a><span data-preserver-spaces=\"true\">. Inflation is often described as \u201ctoo much money chasing too few goods,\u201d and by raising interest rates, the Fed targets the \u201ctoo much money\u201d part of the equation.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Raising interest rates makes it more expensive to borrow money. When borrowing is more expensive, people tend to spend less (otherwise known as lowering demand). Less demand removes money from circulation in the economy and helps to tamp down inflation.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The thing is\u2014this takes time. It\u2019s not as if the Fed raises rates and suddenly, people stop buying things. The reduction in demand takes time, and interest rate hikes are not fully felt in the economy for several months. So it\u2019s very likely that we\u2019re only now beginning to feel the impact of interest rate hikes. And since the Fed has indicated they intend to keep raising rates, we\u2019ll likely feel the impact of lower demand in the economy for the foreseeable future, helping to tame inflation.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">It\u2019s also worth mentioning that the rapid increases in money printing have stopped. Below is a graph that shows the year-over-year change in M2 monetary supply in the U.S. As you can see, after a wild ride the last few years, annual increases in money supply are back to normal rates and the lowest they\u2019ve been in 10 years.<\/span><\/p>\n<figure class=\"wp-block-image size-full\"><picture class=\"wp-image-145640 sp-no-webp\" title=\"You Won't Believe It. Inflation Finally Peaked\u2014Here's The Proof 2\"><source srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/fredgraph-31.webp 1168w,https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/fredgraph-31-300x116.webp 300w,https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/fredgraph-31-1024x395.webp 1024w,https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/fredgraph-31-768x296.webp 768w\" sizes=\"(max-width: 1168px) 100vw, 1168px\" type=\"image\/webp\"><source srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/fredgraph-31.png 1168w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/fredgraph-31-300x116.png 300w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/fredgraph-31-1024x395.png 1024w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/fredgraph-31-768x296.png 768w\" sizes=\"(max-width: 1168px) 100vw, 1168px\" type=\"image\/png\"><img decoding=\"async\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/fredgraph-31.png\" loading=\"lazy\" class=\"wp-image-145640 sp-no-webp\" title=\"You Won't Believe It. Inflation Finally Peaked\u2014Here's The Proof 2\" alt=\"m2 fed reserve\" height=\"450\" width=\"1168\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/fredgraph-31.png 1168w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/fredgraph-31-300x116.png 300w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/fredgraph-31-1024x395.png 1024w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/fredgraph-31-768x296.png 768w\" sizes=\"auto, (max-width: 1168px) 100vw, 1168px\"\/><\/source><\/source><\/picture><figcaption><em>M2 Percent Change From A Year Ago (2012-2022) \u2013 <a href=\"https:\/\/fred.stlouisfed.org\/series\/WM2NS#\" target=\"_blank\" rel=\"noreferrer noopener\">St. Louis Federal Reserve<\/a><\/em><\/figcaption><\/figure>\n<h2><span data-preserver-spaces=\"true\">Supply-Side Fixes\u00a0<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">While the Fed is attacking the \u201ctoo much money\u201d part of the inflation problem, there has also been a more silent contributor to inflation: supply-side shock. This is the \u201ctoo few goods\u201d part of the \u201ctoo much money chasing too few goods\u201d equation. When there\u2019s not enough stuff to buy, prices go up.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Supply-side issues arose from Covid when manufacturing was limited across the globe. There were just fewer products made, and that causes inflation. The U.S. and most of the world resumed manufacturing gradually throughout 2021, but China, which manufactures a ton of goods for the U.S., has been much slower to ramp back up. This has constrained supply and helped inflation stay stubbornly high. This is starting to change, though, and manufacturing is ramping up now, which should help curve the supply-side issues.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The second main issue that caused supply-side issues was the\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/how-the-war-in-ukraine-can-affect-u-s-housing\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Russian invasion of Ukraine<\/span><\/a><span data-preserver-spaces=\"true\">. Russia is a major exporter of food and energy, and western sanctions have cut those goods off from most of the world. Furthermore, Ukrainian exports, particularly\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.npr.org\/2022\/11\/17\/1137336565\/the-u-n-says-russia-agrees-to-extend-ukrainian-grain-exports\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">wheat and grain<\/span><\/a><span data-preserver-spaces=\"true\">, are having a hard time hitting the market. This has further constrained global supply chains and pushed up inflation.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">While the war in Ukraine is unfortunately still raging and sanctions still exist, the world is adapting to the new reality. This means other suppliers of goods normally supplied by Russia will step up production and help stabilize the marketplace. This could help inflation cool as well.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">The Base Effect<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">While the Fed\u2019s actions and supply-side fixes should help cool inflation, there\u2019s another reason why you should expect to see inflation numbers come down in the coming year: the base effect. Check this out.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">We talk about inflation in the United States on a year-over-year (YoY) basis. When the recent data said inflation was at 7.7%, what it\u2019s really saying is prices went up in the U.S. by 7.7% between October 2021 and October 2022.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Because of this, it doesn\u2019t just matter what prices are today. It also matters what prices were a year ago because we\u2019re comparing the two. When we compare high prices this year to low prices last year, the difference looks huge, and that\u2019s what\u2019s been happening for most of 2022. When we compare high prices this year to low prices last year, the difference looks smaller, which is what is starting to happen. This is known as the base effect. It matters what data you\u2019re comparing today\u2019s numbers to.\u00a0<\/span><\/p>\n<figure class=\"wp-block-image size-full\"><picture class=\"wp-image-145641 sp-no-webp\" title=\"You Won't Believe It. Inflation Finally Peaked\u2014Here's The Proof 3\"><source srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/CPI.webp 512w,https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/CPI-300x209.webp 300w\" sizes=\"(max-width: 512px) 100vw, 512px\" type=\"image\/webp\"><source srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/CPI.png 512w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/CPI-300x209.png 300w\" sizes=\"(max-width: 512px) 100vw, 512px\" type=\"image\/png\"><img decoding=\"async\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/CPI.png\" loading=\"lazy\" class=\"wp-image-145641 sp-no-webp\" title=\"You Won't Believe It. Inflation Finally Peaked\u2014Here's The Proof 3\" alt=\"CPI\" height=\"357\" width=\"512\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/CPI.png 512w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/CPI-300x209.png 300w\" sizes=\"auto, (max-width: 512px) 100vw, 512px\"\/><\/source><\/source><\/picture><figcaption><em>Consumer Price Index (2019-2022)<\/em><\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">Just check out this chart. Remember, during the beginning of the pandemic, inflation was pretty normal. In fact, we had deflation for a few months! Things didn\u2019t really start to go crazy until the middle of 2021. So for the first half of this year, we\u2019ve been comparing high 2022 prices to relatively lower 2021 prices, which makes the difference (YoY change) look really high. In the second half of 2022, we\u2019re comparing high 2022 prices to already-high 2021 prices, which makes the difference look smaller.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">For this reason, inflation on a YoY basis (which is what the Fed cares about and how we generally evaluate inflation in the U.S.) peaked back in June and has fallen for four straight months.<\/span><\/p>\n<figure class=\"wp-block-image size-full\"><picture class=\"wp-image-145642 sp-no-webp\" title=\"You Won't Believe It. Inflation Finally Peaked\u2014Here's The Proof 4\"><source srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/CPI-YoY.webp 512w,https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/CPI-YoY-300x212.webp 300w\" sizes=\"(max-width: 512px) 100vw, 512px\" type=\"image\/webp\"><source srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/CPI-YoY.png 512w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/CPI-YoY-300x212.png 300w\" sizes=\"(max-width: 512px) 100vw, 512px\" type=\"image\/png\"><img decoding=\"async\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/CPI-YoY.png\" loading=\"lazy\" class=\"wp-image-145642 sp-no-webp\" title=\"You Won't Believe It. Inflation Finally Peaked\u2014Here's The Proof 4\" alt=\"CPI YoY\" height=\"362\" width=\"512\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/CPI-YoY.png 512w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/CPI-YoY-300x212.png 300w\" sizes=\"auto, (max-width: 512px) 100vw, 512px\"\/><\/source><\/source><\/picture><figcaption><em>Consumer Price Index Year-Over-Year Change (2019-2022)<\/em><\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">This is likely to continue, and I expect YoY inflation to decline slowly but considerably in 2023. Why? Because I did the math!\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In the most recent CPI report, prices rose 0.44% month-over-month from September 2022 to October 2022. That\u2019s pretty high, yet YoY inflation still fell. That\u2019s the base effect in action!\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">If we continue to see prices go at a similar monthly rate for the next year, we will see inflation fall to somewhere around 5.5% next year. Again, the same monthly increases, but year-over-year inflation goes down. And if prices start to increase at a slower rate, we could see inflation come down even more.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Check out this colorful chart I made. Across the top, you see potential scenarios for monthly price increases from 0% to 0.7%. Each row represents a forecast for YoY inflation by month for the next year. As you can see, the only way inflation starts to go back up YoY is if monthly price increases accelerate to 0.7% (remember, we are at 0.44% now).<\/span><\/p>\n<figure class=\"wp-block-image size-full\"><picture class=\"wp-image-145643 sp-no-webp\" title=\"You Won't Believe It. Inflation Finally Peaked\u2014Here's The Proof 5\"><source srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/YoY-Inflation-expected.webp 512w,https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/YoY-Inflation-expected-300x133.webp 300w\" sizes=\"(max-width: 512px) 100vw, 512px\" type=\"image\/webp\"><source srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/YoY-Inflation-expected.png 512w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/YoY-Inflation-expected-300x133.png 300w\" sizes=\"(max-width: 512px) 100vw, 512px\" type=\"image\/png\"><img decoding=\"async\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/YoY-Inflation-expected.png\" loading=\"lazy\" class=\"wp-image-145643 sp-no-webp\" title=\"You Won't Believe It. Inflation Finally Peaked\u2014Here's The Proof 5\" alt=\"YoY expected inflation\" height=\"227\" width=\"512\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/YoY-Inflation-expected.png 512w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/YoY-Inflation-expected-300x133.png 300w\" sizes=\"auto, (max-width: 512px) 100vw, 512px\"\/><\/source><\/source><\/picture><figcaption><em>Expected Year-Over-Year Inflation By Monthly Inflation Rate<\/em><\/figcaption><\/figure>\n<h2><span data-preserver-spaces=\"true\">Conclusion<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Personally, I think it\u2019s unlikely that we see monthly inflation increase unless there is some big, unforeseen geopolitical shock again. Instead, I think it\u2019s pretty likely we will see monthly inflation rates decrease, perhaps to somewhere between 0.2% and 0.4%. If that happens, we can expect the inflation rate to be between 2.5-4% in 2023. Still not where the Fed wants us to be (around 2%), but way better than where we are today! As long as the monthly rate of price increases stays close to where it\u2019s been the last four months, inflation should come down.<\/span><\/p>\n<figure class=\"wp-block-image size-full\"><picture class=\"wp-image-145644 sp-no-webp\" title=\"You Won't Believe It. Inflation Finally Peaked\u2014Here's The Proof 6\"><source srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/YoY-Inflation-Rate.webp 512w,https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/YoY-Inflation-Rate-300x226.webp 300w\" sizes=\"(max-width: 512px) 100vw, 512px\" type=\"image\/webp\"><source srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/YoY-Inflation-Rate.png 512w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/YoY-Inflation-Rate-300x226.png 300w\" sizes=\"(max-width: 512px) 100vw, 512px\" type=\"image\/png\"><img decoding=\"async\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/YoY-Inflation-Rate.png\" loading=\"lazy\" class=\"wp-image-145644 sp-no-webp\" title=\"You Won't Believe It. Inflation Finally Peaked\u2014Here's The Proof 6\" alt=\"YoY Inflation Rate\" height=\"385\" width=\"512\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/YoY-Inflation-Rate.png 512w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/YoY-Inflation-Rate-300x226.png 300w\" sizes=\"auto, (max-width: 512px) 100vw, 512px\"\/><\/source><\/source><\/picture><figcaption><em>12-Month Year-Over-Year Inflation Rate Forecast By Monthly Inflation Rate<\/em><\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">None of this is to say that the Fed will stop raising rates soon (they\u2019re not). But it should offer some relief to Americans who are struggling to keep up with inflation. If this trend continues, it should also give us a clearer picture of when we can expect normal inflation, which will help us forecast when rate hikes might stop and when economic conditions become more predictable.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Of course, something unforeseen could change this trajection. But if the status quo continues, we should see inflation come down. Let\u2019s all hope that\u2019s true. It\u2019s the best thing that could happen to the U.S. economy.\u00a0<\/span><\/p>\n<div class=\"wp-container-1 wp-block-group border border-gray-200 p-6 rounded-md has-slate-50-background-color has-background\">\n<div class=\"wp-block-group__inner-container\">\n<div class=\"wp-block-group__inner-container\">\n<h3 class=\"has-text-align-left mt-0\"><strong>On The Market is presented by Fundrise<\/strong><\/h3>\n<figure class=\"wp-block-image size-large is-resized\"><picture class=\"wp-image-142373 sp-no-webp\" title=\"You Won't Believe It. Inflation Finally Peaked\u2014Here's The Proof 7\"><source srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/04\/Fundrise-logo-horizontal-fullcolor-black-1024x252.webp 1024w,https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/04\/Fundrise-logo-horizontal-fullcolor-black-300x74.webp 300w,https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/04\/Fundrise-logo-horizontal-fullcolor-black-768x189.webp 768w,https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/04\/Fundrise-logo-horizontal-fullcolor-black.webp 1380w\" sizes=\"(max-width: 256px) 100vw, 256px\" type=\"image\/webp\"><source srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/04\/Fundrise-logo-horizontal-fullcolor-black-1024x252.png 1024w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/04\/Fundrise-logo-horizontal-fullcolor-black-300x74.png 300w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/04\/Fundrise-logo-horizontal-fullcolor-black-768x189.png 768w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/04\/Fundrise-logo-horizontal-fullcolor-black.png 1380w\" sizes=\"(max-width: 256px) 100vw, 256px\" type=\"image\/png\"><img decoding=\"async\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/04\/Fundrise-logo-horizontal-fullcolor-black-1024x252.png\" loading=\"lazy\" class=\"wp-image-142373 sp-no-webp\" title=\"You Won't Believe It. Inflation Finally Peaked\u2014Here's The Proof 7\" alt=\"Fundrise logo horizontal fullcolor black\" height=\"63\" width=\"256\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/04\/Fundrise-logo-horizontal-fullcolor-black-1024x252.png 1024w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/04\/Fundrise-logo-horizontal-fullcolor-black-300x74.png 300w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/04\/Fundrise-logo-horizontal-fullcolor-black-768x189.png 768w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/04\/Fundrise-logo-horizontal-fullcolor-black.png 1380w\" sizes=\"auto, (max-width: 256px) 100vw, 256px\"\/><\/source><\/source><\/picture><\/figure>\n<p class=\"mb-0\" style=\"font-size:16px\"><strong>Fundrise is revolutionizing how you invest in real estate.<\/strong><\/p>\n<p class=\"mt-0 has-slate-600-color has-text-color\" style=\"font-size:16px\">With direct-access to high-quality real estate investments, Fundrise allows you to build, manage, and grow a portfolio at the touch of a button. Combining innovation with expertise, Fundrise maximizes your long-term return potential and has quickly become America\u2019s largest direct-to-investor real estate investing platform.<\/p>\n<p><a href=\"https:\/\/t.sidekickopen84.com\/s3t\/c\/5\/f18dQhb0S7kF8cpngfW16gy-_59hl3kW7_k2841CX6NGN35Qwt3rN_mgW56Jw3w1HcgXpf197v5Y04?te=W3R5hFj26QkH2W4hJTY63T3pkxW3Fbt5S3Cdl5cf49M_4s04&amp;si=8000000019411002&amp;pi=6988e0ed-1aea-4af5-9769-8a0de4675eeb\" the=\"\" market=\"\" blog=\"\" sponsor=\"\" click=\"\" referrer:=\"\" class=\" btn-shape inline-block no-underline has-background has-theme-blue-background-color has-text-color has-white-color\" target=\"_blank\" rel=\"noopener\">Learn more about Fundrise<\/a>\n<\/div>\n<\/div>\n<p class=\"italic\"><b>Note By BiggerPockets:<\/b> These are opinions written by the author and do not necessarily represent the opinions of BiggerPockets.<\/p>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.biggerpockets.com\/blog\/inflation-finally-peaked-heres-proof\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this article Earlier in November, new\u00a0Consumer Price Index\u00a0(CPI) data was released, revealing that inflation had dropped on a year-over-year basis from 8.2% in September to 7.7% in October. This is welcomed news. Don\u2019t get me wrong, 7.7% inflation is still unacceptably high, and no one should be cheering yet. But the fact that the [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":4316,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/inflation-peaked-1024x517.jpg","fifu_image_alt":"","footnotes":""},"categories":[9],"tags":[],"class_list":["post-4315","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/4315","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/comments?post=4315"}],"version-history":[{"count":1,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/4315\/revisions"}],"predecessor-version":[{"id":4317,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/4315\/revisions\/4317"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media\/4316"}],"wp:attachment":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media?parent=4315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/categories?post=4315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/tags?post=4315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}