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The property (the house) is "inflation free/resistant": Money is subject to inflation, because houses (and other goods) rise in price / money is watered down.
by mnm2 9y ago
The property (the house) is "inflation free/resistant":
Money is subject to inflation, because houses (and other goods) rise in price / money is watered down.
So: You may have no gain, but your savings are protected from dropping 5 to 9 percent each year, if "you have it invested in real estate".
Sounds good to me.
- drieddust 9y agoWell I may be wrong but you will be true only if I can't sell it at a price significantly higher than inflation. I do not not see that happening because price correction have already started if you are an individual seller. For politically connected developers, game is different.