
According to Warren Buffet, one of the world's most successful investors, although he agrees with the Obama Administrations' response to the economic crisis he also believes that it will lead to inflation.
He claims that the best way to fight this next economic situation is to invest your money into real estate! With a 20% down payment and a 30-year fixed mortgage loan, your mortgage will stay at the same rate as your salary increases. Even if real estate values appreciate slower than the inflation rate, you'll still wind up in the black!
If you already own a home, purchasing another one as investment property will also add bucks to your wallet, during inflation. Rental prices will skyrocket during these periods and by allowing your tenant to cover all of your expenses plus a little extra cash for yourself, according to Buffet; all you’ll need to do is sit back and wait.
Moral of the story: Invest in real estate now, before the home prices begin to rise and you find yourself unprepared for the next chapter of the economic tale.