Property investments act as inflation hedge
Property investments act as inflation hedge
Published By: Property Report PH | July 16, 2022
Inflation has been one of the recent buzzwords not just in the country, but in the entire world.
A recent survey by global market research firm Ipsos showed that inflation is currently the world’s biggest worry, with 37 percent of people in 27 countries citing it as one of the top issues their country is facing today.
The Philippines is not spared from increasing inflation. Latest figures from the Philippine Statistics Authority (PSA) showed that the country’s headline inflation rate rose to 6.1 percent in June, bringing the year-to-date average to 4.4 percent.
This prompted the government to raise its inflation forecast to 4.5 percent to 5.5 percent from the previous forecast of 3.7 percent to 4.7 percent amid continued external factors that weigh heavily on the local commodity basket.
As inflation decreases the value of your money, putting your hard-earned cash into a profitable investment, such as real estate, would be a wise move to make right now.
Real estate has always been generally a good investment to make as property values are likely to increase in the future, espec
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