One of the safest ways to gain and not lose during an inflationary period is to buy quality land at today’s discounted prices.
(PRWEB) January 3, 2011
Camino Land Corporation recently released this report on inflation and how buying land compares to other types of investments. According to a recent Gallup poll taken earlier in 2010, more than half of Americans (55%) are “very concerned” about inflation and another 29% are “somewhat concerned.” And for good reason. The drastic steps taken by the federal government to boost the nation’s sagging economy also concern many economic experts and financial analysts. Before the year 2010 even began, The National Inflation Association considered the possibility of inflation to be a major economic threat and was especially concerned about the rising cost of fuel and food.
While no one can predict the future with certainty, we do know a few simple facts:
1. We know that the federal government has been rapidly creating money along with enormous budget deficits.
2. We know that both of these measures are classic indicators of coming inflation.
3. We also know that inflation is temporary low because banks are still not lending money and the economy remains weak.
The writing is on the wall. As the nation recovers, banks will start loaning out their hoards of reserves. When the available money outpaces the available goods, inflation is inevitable. Prices rise and the purchasing value of the dollar falls. We just don’t know when inflation will hit and how quickly it will climb. We only know that it is coming. In fact, you may have noticed a difference in your grocery bills over the past several months.
“Higher food prices are here, and don’t expect a break soon” was the headline of an article published by USA Today on November 30, 2010. Authors Erika D. Smith and Dana Hunsinger reported the U.S. Department of Agriculture as predicting that food prices will increase by 2% to 3% next year. However, that is an overall increase. Certain categories of food are already way up, including pork (13% up from a year ago), butter at 25%, and milk at 6%. The national and world demand for grains is on the rise so prices are up. Farmers use grains as food for livestock. With the cost of fuel on the rise, so is the cost of delivering products.
What can the average consumer do to prepare for inflation?
Don’t bother listening to so-called financial advisors who say to stock up on canned and dry food while the prices are still low. Smart people will be doing more than saving a few dollars on groceries to prepare for future inflation. Smart people will be taking full advantage of a chance to leverage inflation in their own favor. They will be looking for quality, affordable investments and watching those values rise with inflation.
One of the safest ways to gain and not lose during an inflationary period is to buy quality land at today’s discounted prices. Ricardo Pomar, President of Camino Real Land Corporation, states that he has never seen a better time to purchase the right cheap land: “I have been in the land business since 1977 and I know firsthand how rapidly the market of affordable, quality real estate is dwindling—particularly in rapid-growth states like Arizona where only 17% of the land is even available for private purchase.”
Pomar goes on to explain that land has been and will always be a solid, safe investment because the supply is limited. “No one is making any more land,” he says. “The price of land rises as the population grows, as urban areas sprawl, and as available land vanishes. Now add inflation to that equation! The value of land rises even more quickly. With today’s depressed prices and tomorrow’s inflation, new buyers are looking at a once-in-a-lifetime golden opportunity.”
He went on to explain that Camino Real is dedicated to offering only the finest pre-developed lots in the path of growth, surrounded by natural beauty, amenities, and world-class recreation: “We have always been committed to having the “right place” and this is definitely the right time!”
For more information on Camino Real Land Corporation and the selection of premier view lots that are still available at rock-bottom prices, visit http://www.sunsiteslandrush.com.