Buying a house now could be the best hedge against inflation …EVER!

Reblogger Mike Russell
Real Estate Agent with Mike Russell & Associates SP00225692 Kansas

Here is a simple idea. Buying a house at 4.5% interest rate vs. 5.5% interest rate. By buying now you save 10%. That's right 10%. Every 1% interest rate go down you save a full 10%

Original content by Richard Weisser

 

Buying a home in 2010 is a hedge against inflation.Most economists agree that recent rashes of government spending will ultimately lead to significant inflation. The constant infusion of cash that is intended as a short-term solution will eventually have a long-term effect on the value of a dollar.

One of the best hedges against this expected phenomenon is the purchase of a home during one of the best buyer’s markets in history. With low, low property prices and record low fixed interest rates, there has never been a better time to buy a home.

But if one takes into consideration the fact that a mortgage may be repaid with inflated dollars, the deal only gets better and better. By fixing housing expenses now in terms of the 2010 dollar of today, home buyers will be immune from contrary inflationary economic forces for as long as they own their property.

It’s a tremendous way to protect wealth and to meet your housing needs for decades to come.

 

All content, including text, original art, photographs and images, is the exclusive property of Coweta Fayette Real Estate, Inc., and may not be used without the expressed written permission of Coweta Fayette Real Estate Better Homes and Gardens Metro Brokers, Newnan Georgia. All information is believed to be accurate but is not warranted, Copyright 2003-2009. Richard Weisser REOS, E-Pro. licensed Auctioneer. 770-827-6225.
Learn more about Coweta County and Fayette County Georgia Real Estate, and to search the entire Georgia MLS for free with no registration required visit CowetaFayetteRealEstate.com! Photos of the Great Smoky Mountains National Park.

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Rainer
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Zachary Kraus
Success Mortgage Partners - Lisle, IL

Agreed!  I push that point everyday when I'm orignating loans.  When ever it one going to be able to borrower money this cheap and get a tax benefit on top?~!

Jul 26, 2010 05:10 AM #1
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Mike Russell

Overland Park Kansas Real Estate
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