Before we get into the topic that might just raise our Blood Pressure, let me first ask, how are you doing? Like really, we hope this economy is not draining you.
Now, let us get down to the matter for today. We were shocked when we found out about the new price of cement and it is not just cement, it is everything, prices are increasing left, right, and center, from building materials to foodstuff, you just name it, nothing is being left out.
So, the question on a lot of investors’ minds is “Should I invest now or wait for things to get better?”, well, the good news is that we have the answer to that question, I mean what are we here for right?
The answer will always be to invest and we have a good reason for saying this. Let’s dive into a real-life example that happened not so long ago. A man was interested in a 3-bedroom apartment in Lekki Phase 1 that was going for 200 million naira as of January 2024 but he wasted a little time and due to the inflation that same property is now selling for 250 million naira as of February 2024. Had the individual invested in this property earlier, they would have realized a remarkable 25% Return on Investment (ROI) within just one month. and within this time, the inflation rate increased by 0.98%, it climbed to 29.90% from 28.92% recorded in the previous month.
Real estate is considered a tangible asset that typically appreciates over time, often at a rate higher than inflation. As the cost of goods and services increases during inflationary periods, the value of real estate tends to rise accordingly, providing a hedge against inflation.
Properties you invest in can also generate rental income, which tends to increase during inflationary periods as the cost of living rises. This rental income can provide a steady cash flow and serve as a source of passive income for investors. So when people are barely hanging by a thread, you on the other will be holding inflation by a thread.
We hope these few points of ours have convinced you and not confused you that the best time to invest is now.
That being said, check out our amazing properties that ride the wave of inflation and stand the test of time. you can also Book an Inspection.