Few people would welcome inflation and a weak dollar, but if those trends prevail in the coming months they could give a much-needed boost to South Florida’s real estate market, a local economist told an industry group last week.
Manuel Lasaga of StratInfo in Coral Gables said a weak dollar would entice Europeans and Latin Americans to snap up the bargains they would find in the regional housing market while higher prices would allow real estate to regain its traditional role as an inflation hedge.
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