Inflation is expected to rear its head
To address the coronavirus pandemic and soften its blow on the economy as much as possible, both the Trump and Biden administrations injected trillions into the American economy through stimulus packages. Speaking of which, This Is When You’ll Receive Your Next Stimulus Check!
The American government announced plans to boost stimulus to the US economy with a $1.9 trillion stimulus package, the largest government spending bill in the nation’s history. Although there was consensus that such injections were the only solutions to the COVID-19 crisis, many financial specialists believe this move will inevitably trigger inflation. And rising inflation can be a serious contributing factor for real estate prices skyrocketing.