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I think Inflation may Kick Off in 2-3 Years and This is what I’m Doing to Prepare.

Hi All, I've mentioned in other blog posts that I think Inflation may to be an issue in 2-3 years because of ultra low interest rates and Stimulus packages from National Governments around the world. I'm going to buy more real estate (Downtown condo's and a house in East Van) and I'm going to get 5 year fixed rate mortgages to keep my payments (costs) consistent and then rent these places out. Inflation should push up rents while my costs remain static, leaving me with a nice profit. (hopefully) I plan on getting 4% 5 year fixed rate mortgages. I…

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Will Inflation make a Comeback and How Will it Affect Vancouver Real Estate?

Stimulus packages coupled with ultra low interest rates are attempts by national governments and central banks to reflate economies around the world. If these efforts are successful (I think they will) I think inflation will be an issue in 2-3 years in Canada. I think elected politicians and to a lesser extent central bankers will find it very difficult to stop priming the pump once things improve. I think changes in the Chinese economy will also push up inflation as we move forward. A 2007 Report by the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP)…

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