July 14, 2024

Real Estate will be impacted by rising utility bills.

We will see gas prices double from here in 2022.

This will cause a panic in the economy unlike anything that we have ever seen in the past. This panic will cause most people to take the bus, train and move. The reason for this is they simply will not be able to fill up their own car at the gas pump. They will be forced to relocate so that they can avoid having to deal with the stress of spending their entire work check to simply fill up their tank for the week.

California housing crisis - Hidden California Tax Bomb - Real Estate effected by utility bills

Plus, higher gas prices will also translate to higher food costs and rising costs across the board. This also will impact all property owners and landlords as their tenants will be impacted with rising utility bills and rising costs so they only have a couple options. They upgrade their buildings so that tenants can afford to stay there or they force tenants to room share and split the rising costs. I would anticipate the first option will be the long term solution however not all landlords will be able to complete such an expensive project.

40% of electricity comes from natural gas and gas. Utilities will skyrocket.

Just because the current administration has no common sense or moral decency, doesn’t mean the American people doesn’t see the truth. Let’s go Brandon!

Real Estate utility bills



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