We have all heard the stories from our parents or grandparents about the 5 cent hamburgers they could to buy back in the day. Now a $.99 hamburger is about as cheap as you can get and all you get is a bun, hamburger patty, ketchup, mustard and maybe a pickle. Inflation is a necessary part for our economy. The Federal Reserve actually wants some inflation to help keep our economy healthy and growing.
Over the the last 30 years real estate investors and home owners have reaped the rewards of inflation. Karl “Chip” Case has shown studies that suggest over time housing tends to beat out inflation by a couple percent a year. Housing can’t be your only strategy to dodge inflation however history tells us it is a great asset to have in our financial portfolio.