Fed Cuts Rates, Dollar will Weaken, What that means for REal Estate
Real estate in America from Panama City Beach to Seattle will actually go up over the next 6 years. Why does the Think Tank say that? Look at history - the dollar has been on a 40 year decline and with the interest rates lowered, that will weaken the dollar and if one learns from history, that should be no suprise.
Inflation usually occurs when the dollar weakens and what does inflation do to the prices of real estate, grapes, peppers and everyday items? Prices go up - it has to. The best hedge against inflation is owning real estate and in five years, you will see the price of your home increase.
Panama City Beach for instance has been selected by Business 2.0 to increase 72% over the next five years. Stay tuned for more information on that and see www.fatcatrealestate.com for upcoming news on the upcoming documentary on how Mortgage-backed securities, investors, unethichal developers, greedy realtors, and appraisors have threatened the economy. This film will include facts of specific deals made by major well-known developers and realtors in Panama City Beach, Florida, Las Vegas, Nevada and Destin, Florida.
Filed under: U.S. Real Estate Status
