AUGUST 1, 2008
THIS TIME, INFLATION MAY HAVE DIFFERENT IMPACT
- The Real Deal
Featuring Abraham Hidary
Reports that consumer prices spiked 1.1 percent in June raises the issue of inflation, which has in the past been advantageous to real estate investors. In the current state of the market, it's not clear if rising inflation will end up being a boon or a burden on top of the credit cards.
During the inflationary periods of the 1970s and 1980s, many investors who held real estate made out reasonably well, reinforcing the idea that real estate is a good investment for bad times.
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