You keep touting inflation will be higher and real estate. Self-serving realtor.

You keep touting inflation will be higher and real estate. Self-serving realtor.

Investor Asked on July 12, 2023 in Real Estate.
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Not a realtor but am partner in a real estate company. The average house price in 1965 was $13,500. When I forecast ongoing higher asset price inflation in my 1998 book (based on government overprinting) the average price was $278,000. Now it is $2,200,000. Not in a straight line … but always, always relentlessly higher. Now you must add timing to that to get it right.

Guru Answered on July 12, 2023.
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