PGS, I don't think inflation will save real estate. Yes, in inflationary times, folks want to put their money in hard assets, such as gold, to protect them from decreasing in value.
If one could pay 100% cash for a home, sure, that would be a fine strategy in inflationary times. But most folks buy homes on 'margin', via mortgage, and in inflationary times interest rates go through the roof, killing the ability to pay high prices.
