May 28, 2021
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About this Deal
As the economy recovers, some purchases are suddenly more expensive. If the price hikes are just temporary, it may pay to wait it out.
If you are suffering from post-pandemic sticker shock, you are not alone. From gas and groceries to computers and clothing, everyday items are suddenly more expensive.
But not everything is going to be more expensive forever, and, if you are weighing a major purchase, it may pay to wait it out.
Here are 3 examples:
Sky-high demand for home improvements coupled with supply-chain slowdowns have caused some building supplies, including lumber, steel, gypsum and copper, to hit record highs this year.
A sudden surge in post-pandemic wanderlust is also making vacations more expensive.
High consumer demand along with a manufacturing shortage of microchips — key parts needed for today’s autos to operate — have squeezed new-car inventory at dealerships across the country. And the used-car market isn’t much better.