A slight modification to this, using a well known quote:

The best time to buy was years ago...the second best time to buy is now.

If one expects inflation to continue in the US ( currently we see no reason this WON'T continue) then in dollar terms, your purchase will "go up." Few real estate investors actually understand money, inflation and economics. They think the "price" is going up so the asset is more "valuable."

What is actually going on is the purchasing power of $1 is going down, therefore requiring more dollars to purchase the same piece of property.

I've had to personally explain this to so many real estate investors, often to blank stares or being called a conspiracy theorist, that one of my secret weapons against other investors was understanding money (not currency) and economics, both macro and micro.

Our work is mostly with real estate investors, please keep in touch and welcome to #nostr.

#realestate #grownostr #florida