I can confirm about the rising property insurance rates. My Travelers home owners' insurance (for my two bed-room apartment) has risen up by ~11% from last year

I can confirm about the rising property insurance rates. My Travelers home owners' insurance (for my two bed-room apartment) has risen up by ~11% from last year. In the past years, it was just about 3-4% YoY increase. When I asked them, they answered that part of the increase is to protect for the inflation. Inflation hurts everyone especially for people who will not see a lot of increase in their paychecks. It also seems like a self-fulfilling prophecy and I personally believe it'll be sticky (meaning, YoY inflation much higher than 2% will be with us for quite a while).