What happens to home prices when inflation increases?
Posted by Colorado Group Realty on Wednesday, February 10th, 2010 at 11:22am.by Chris Paoli
This has been a question on my mind for a long time. Unfortunately I did not have a great resource for accessing this information until a very good friend of mine invited me to a special presentation by Randy Rowe , President of Green Courte Partners. Mr. Rowe’s presentation to a select group of the Steamboat Springs real estate community was focused on what current economic indicators were telling us vs. the opinions. During this presentation, the main question swirling in my mind was, “If the United States is about to enter an inflationary environment, leading to higher asset values, further leading to higher interest rates, what is the long term effect on residential real estate prices?” Fortunately, Mr. Rowe had access to this data and provided me with the following chart:
http://steamboatcoloradorealestate.blogspot.com/2010/01/what-happens-to-home-prices-when.html
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