Spring/Summer 1981, Vol 6, No 1

Abstract: Over the last 20 years the inflation rate has risen and, despite presidential promises, it is not expected to subside in the ’80s. Using real estate as a hedge against inflation, investors are betting that the rate will continue its climb or fluctuate around current levels. But what happens if inflation is contained or even reduced? Both the rewards and the risks for investors betting on inflation are explored.