Real Estate and Inflation
This is what inflation means for the Austin real estate market. Let me start by saying, it's a great way to hedge against inflation!
Greetings. As the inflation rate continues to march higher with no end in sight, I wanted to talk about the relationship of inflation to home ownership. As it turns out, real estate is one of the time-honored inflation hedges. Like many tangible assets, homes tend to hold their value when inflation reigns. In fact, going back to the 1970s, almost every decade has seen the rate of home value appreciation rise more than the rate of inflation. While no one likes to see prices throughout the economy rising as fast as they are now, homeowners should take some solace in knowing they are in possession of a great weapon to battle this inflation. And all the better to own a few rental properties. If you’re ready to buy some real estate, just message me. I’m Craig Smyser with 1835 Realty.