Does real estate keep up with inflation?

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asked Oct 12, 2017 in Real Estate - Renting by remlithium (490 points)
Does real estate keep up with inflation?

1 Answer

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answered Oct 13, 2017 by Jodie (13,560 points)
Real estate costs rise with inflation just like any other product or service.

When inflation on other things happens then the real estate prices will likely follow soon after.

Then the housing prices could go up and even someone's renting cost will likely go up to keep up with inflation.

When things start costing more money then prices for other things such as rent will go up with it.

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