Whether through rising rents, the rising replacement cost or the fact your property can’t be debased by politicians looking for another billion to fund their latest hare-brained sure-to-be-a-vote-winning idea, property is a safe haven in times of high inflation.
Wages are on the up, so are benefits. More money in your tenants pocket combined with borders opening up to new new arrivals and a slow down in new homes being erected means rents will continue to rise.
Every development we do costs more and takes longer. That’s never been more relevant than today. Development costs are rising faster than my fat cat Benji at dinner time. Good news if you already own a property because the one being built next door needs to sell at a higher price than you paid or the development won’t get out of the ground.
Cash is trash. Governments are creating more money out of thin air than ever in history, the numbers are mind boggling. Every new dollar created means your dollar buys less. Now let’s turn that idea on its head. If you own a physical, tangible asset like property, which can’t simply be printed into existence, then the more currency that is created, the more your property is worth. Sure, it doesn’t buy you more, but importantly you aren’t going backwards.
If you’re not already on our Priority List then get in touch. It’s free to join and we don’t spam you, though you will have to put up with the odd rant from me.
John Kenel
Assured Property
#assuredproperty #housing #rentals #propertyinvestment