If you’ve ever enjoyed the fine New York City tradition of the one-dollar pizza slice, I have bad news for you. Its days are numbered.
What cruel force could be taking away such a simple pleasure?
That big bad wolf inflation.
Inflation is a serious concern right now for anybody thinking about the future of economies around the world.
December 2021 saw inflation reach a whopping 7%, the highest it’s been since 1982. That’s a four-decade high!
A lot of this was driven by surging prices for food, energy, and shelter. Not exactly luxuries you can do without.
In November, prices for gas were up 58.1%—the highest seen since 1980.
And all this is making the money you earn less valuable. The Labor Department said in November that real average hourly earnings accounting for inflation are down 1.9%.
As I mentioned at the start, it’s even beginning to affect our pizza.
At the end of last year, the New York Times mourned the loss of the iconic $1 pizza slice in the city thanks to rising prices. The $1 pizza trend has been a staple of NYC since the 2008 recession. Now, 14 years later, inflation might be putting an end to it as restaurants like 99 Cent Fresh Pizza in Manhattan are forced to up their prices to stay afloat.
These is a small example, but it illustrates the problem quite well. Inflation is here, and prices are going up—there’s no avoiding it…
Or is there?
Inflation is one of the economic trends my research team and I dig into in your brand-new FREE report, The Top 10 Real Estate Trends to Watch in 2022.
It is possibly the single biggest threat to your wealth that’s coming down the line in the next few years. So learning how to protect yourself from it is essential.
You can read my full take on the inflation issue, including what I consider the best way to protect yourself from it, right here.
The Top 10 Real Estate Trends to Watch in 2022 is my detailed run-down of the trends I want to dig deep on as we move into the new year. These are the trends that will change the way we think as international real estate investors, so it’s important to stay on top of them.
If you missed it, you can access your full FREE research report right here.
But inflation isn’t the only thing leading to rising costs in the year to come.
The past two years saw some severe setbacks to global supply chains.
Many containers could not be delivered where they were going thanks to border closures, which meant they ended up somewhere else—somewhere that was never intended to deal with them. This meant that while some ports were lacking the goods they sorely needed, others became hopelessly congested. This caused loading/unloading problems, storage issues, backed-up traffic of the ships themselves…you name it.
The effects are still very much being felt. A container today typically spends 20% longer in transit than before the pandemic. And, of course, prices have soared as a result. Major east-west trade routes have seen an increase of 80% in prices year on year.
So what does this mean for the real estate world in 2022? And how can we turn this crisis to our advantage as real estate investors?
I break it down in your free research report, The Top 10 Real Estate Trends to Watch in 2022. Jump straight to this topic right here.
These are just two of the important trends I cover in your new research report.
You’ll find detailed breakdowns and takeaways in the full report on everything from inflation and supply chains to the rising global population, how changing airline models impact real estate, and even the way that blockchain technology is altering the way the market works.
These are the factors influencing the real estate world, which I’m staying on top of to make sure that I can bring you the best killer deals from the hottest markets across the globe. If you want to know why these deals show such potential, and why I choose the markets I do, then this report is essential reading.
Access your full FREE research report right here.
Your Comments and Questions
GGSmith Says: My wife and I are going to Costa Rica at the end of January for a few days’ vacation and a little bit of a scouting trip. We are staying at a resort where we attended a conference a few years ago so are a little familiar with the immediate surrounding area. We hope to look for properties for sale although more likely initially just long term rentals.
Do you have in immediate thoughts or advice you could pass along?
Thanks in advance.
Ronan Says: Costa Rica is a part of the world that I pay a lot of attention to, as I firmly believe that it offers a ton of potential to real estate investors. Whether you’re looking to buy, or even rent long-term as you and your wife are thinking, GG, there are some wonderful parts of the country to consider.
I actually have what I think could be the ideal resource for you and your wife as you prepare for your trip this month.
I sat down a short time ago with my colleagues Margaret Summerfield and Jason Holland to discuss all that Costa Rica offers. Margaret first scouted the country well over a decade ago, while Jason went there first on his honeymoon but loved it so much that he went back to live there with his family for four years.
In our Zoom conversation, they each reveal their favorite place in Costa Rica, and we discuss the most fertile hunting ground for real estate deals…including a place where RETA members have seen as much as 60% discounts on ocean view lots.
You can tune in to our conversation right here:
I’m also monitoring the progress of a situation in the northwest of Costa Rica that I believe could be a huge opportunity for my Real Estate Trend Alert members.
A consortium of Central America’s biggest families have come together to assemble maybe the most impressive land bank I have ever seen. This place has been completely overlooked, but they’ve now put in 16 miles of road, brought fiber optic internet, water treatment, you name it. I’m talking more than a hundred million dollars invested and almost no one knows about it…
But I do. And this consortium wants to tap into Real Estate Trend Alert‘s group buying power to kick start what I think will be Costa Rica’s best set of linked communities.
I’m still carefully monitoring the situation to make sure it is worthwhile for our group of real estate investors—I only bring the best deals to RETA as you know—but if you’re interested in Costa Rica long-term, then watch this space for more developments as the year goes on.
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Your Daily Dream Home
Dumbarton, Scotland
£85,000 ($115,420)
Dumbarton is a town in west Scotland, close to Loch Lomond and the city of Glasgow. Near the center of town is this beautiful 2-bed, 1-bath apartment. It has an open-plan kitchen and living area with a beautiful bay window at one end. There’s also a hall and storage area. It’s close to a good public transport network and the town itself has shops, supermarkets, bars, and restaurants.
Remember, we don’t make money from any listing shared here in the Your Daily Dream Home section. We have no dog in the fight. We’re just sharing cool properties we’ve found.
I haven’t visited this property or done due diligence on it. If you’re interested in the listing, you should hire an attorney and do your own due diligence.