Cash is Trash: Why Real Estate is Your Inflation Shield
Your 1 Million Pesos is Shrinking. If inflation is at 5%, your 1 Million pesos in the bank is worth 950k next year. You are losing money by saving it. You need a Hard Asset. The “Replacement Cost” Theory Why does real estate go up? Because the cost of cement, steel, and labor goes up. […]
Your 1 Million Pesos is Shrinking. If inflation is at 5%, your 1 Million pesos in the bank is worth 950k next year. You are losing money by saving it. You need a Hard Asset . The “Replacement Cost” Theory Why does real estate go up? Because the cost of cement, steel, and labor goes up. A house built 10 years ago (a foreclosure) was built with “Cheap Materials.” To build that same house today costs 50% more. Buying a foreclosure is buying materials at 2015 prices. Lock It In Turn your melting cash into concrete. Concrete doesn’t shrink.
