Article By James Sarles
When the housing market is strong worldwide, property in the Bahamas naturally gets stronger as well. The unique advantage we have in the Bahamas is that we have never experienced the huge rise and fall of prices. We have had solid modest gains over time and based on the desirability of wonderful climate and our tax free environment our prices have held well.
Its Better in The Bahamas in case you have not seen the new Ministry of Tourism new ad campaign and its true! But even in The Bahamas we are influenced by world economics an many economists however predict that these very aggressive stimulus packages will jump start the economy but the result will be inflation. In economics, inflation is the rise in the general level of prices of goods and services in an economy over time. Inflation is the decline in the real value of money because there is a loss of purchasing power. So the dollar you have today will not buy as much as tomorrow.
So to hedge against inflation and protect your wealth a smart investor will buy gold or real estate which is a tangible asset. Cars and eggs lose their value but Real Estate is an investment that will INCREASE in VALUE over time. So Real Estate is like Gold. Real estate is a long-term investment and so it is the best bet for investment when inflation is high because property will keep increasing in value. It is a historical fact that property has and will always be a great investment over the long term. Read the Original Article
