18% implies a very high inflation rate, 15% or more. At that rate employers will be forced to give significant raises or else purchasing power would drop 50%+ i

18% implies a very high inflation rate, 15% or more. At that rate employers will be forced to give significant raises or else purchasing power would drop 50%+ in only three years. Employers tend NOT to match inflation, but they will have to give more than the usual 2-3%. Perhaps 10%, perhaps 13%, depends on the employer, but those higher salaries will send real estate to the moon even after the initial 50% dip. Of course these are extreme numbers and reality is not likely to get this extreme since "inflation" at the moment is primarily (lack of) supply side driven.