INFLATION 2021

Warran Buffett is considered one of the most successful investors in the world and has a net worth of over $100.6 billion as of April 2021, making him the world's seventh-wealthiest person. Warran shared his idea about the substantial inflation in the current status.  It is not price sensitive market.  The raw material prices keep going up resulting the higher prices paid by the end users.  The people have money in their pockets and can't stop from buying.  It is a buying frenzy.

The annual inflation rate in Canada rose to 2.2% in March of 2021 from 1.1% in February and it was the highest inflation rate since February 2020.  Real Estate Investment is a favourable choice to protect your money value against inflation.  Real estate investment can leverage the limited funds for greater return and  appreciate at the property's total value, not the invested amount, different from other investments.  In addition, the property can generate rental income to cover the partial investment costs.  It is a kind of the steadier long-term investment.

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