By Patrick follow 2012 Nov 20, 1:50pm 294 views 0 comments
watch (0) quote
The advice is simple: If youre a first-time buyer, forget all the talk of a potential housing correction and jump into the market. Inflation will be your friend. Setting aside the reality that the bond market has firmly rejected the notion that a high inflation environment is coming soon, lets take a closer look at the relationship between inflation and house prices. It is true that real estate has historically provided a hedge against inflation. In other words, as inflation pushes up the costs of goods and services, real estate values have risen with it.