the inflation train.. what's going to happen?

acf

New member
When inflation inevitably hits in the coming year or so, what's going to happen to irvine home prices. Is it better to put money into a house before inflation? Is cash still king?
 
[quote author="acf"]When inflation inevitably hits in the coming year or so, what's going to happen to irvine home prices. Is it better to put money into a house before inflation? Is cash still king?

[/quote]
Inflation isn't coming until unemployment levels decline significantly...there's too much slack in the economy for inflation to really jump. That being said, I don't see much inflation over the next 2-3 years.
 
inflation usually doesn't come without wage pressure... how much wage pressure do you think there is in this economy? something more in the 3-5 year horizon vs. 2010... there will be some nominal pressure due to pent up consumer demand, but nothing very significant.
 
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