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How does INFLATION affect the housing market? Effect of Inflation on house prices.

How does INFLATION affect the housing market? Effect of Inflation on house prices. Inflation is growing rapidly in 2021/ 2022 and it is affecting the housing market. Real estate prices and cost of living. This rise in the cost of goods and services is impacting housing prices, the housing market, and your savings. Driving housing prices upwards in especially in residential real estate. Inflation affects the middle to lower class heavily as the cost of groceries, gas, utilities, etc keeps increasing. You must protect your savings and inflation. In this video, I show you how to beat Inflation. I offer tips to help you beat Inflation in 2021 and beyond. This rapid rise in Inflation is dangerous especially when you consider the Inflation's effect on the housing market. In this video, I explain inflation in simple terms with examples. I also share with you my thoughts on why Inflation is not transitionary. Transitionary inflation is essentially an old concept that has often failed. To beat inflation you must acquire assets that can prevent your cash in the bank from devaluing. Cash has less value during inflation as our government is printing money and it is no longer a scarce commodity. With covid and PPP checks, the government has provided extra funds to families due to which American workers have stopped working. You must protect your savings from inflation and you can only do that if you earn more than the rate of inflation which is over 5% right now. So to protect your savings from Inflation, you can't just rely on cash in the bank. The amount of houses you could buy with the same money 5 years ago is a lot more today. Which explains why the housing market is facing massive inflation and price hikes. The Housing Market and inflation are directly proportional. Once increases the other. At present Inflation's effect on the housing market is such that it is making it harder for an average person to afford a house. 💢 For Business Inquiry: 👉[email protected] 💢💢💢 Follow us: 💟 Facebook: https://bit.ly/3BbwFJR 💟 Instagram/TikTok: AK_Extraordinaire 💟 Linkedin: https://bit.ly/3wQsI9Y 💟Twitter: https://bit.ly/3ktKxcg