Property investments and inflation

By Linda Sanders In Money

Print Share
10th November, 2012
‘No one ever factors in the effects of inflation,” writes correspondent Delys Reed. Over the past 40 years, Reed continues, this has devalued people’s savings to a fraction of the money’s original purchasing power relative to the nominal sum invested. Last week I wrote about interest rates in response to points Reed raised. This week I deal with the rest of her questions, which focus on inflation. “As I see it, this is how many businesses make their money. For example, about 10 years ago a friend bought a funeral-in-advance for $3500. When she died recently, the funeral actually cost ...

Get full access to Listener.co.nz

Subscribers can read the full version of this story.

You can subscribe and get full online access for as little as $5 per week.

Enjoy the high-quality, in-depth journalism of the Listener magazine with convenient online access. This includes access to thousands of archived articles and up-to-date TV and entertainment listings.

Our great content is available online even before it hits the shelves, and includes more focus on breaking news. With our responsive design you get a great reader experience whether you read from your home computer, tablet, or even smartphone.

Already a subscriber? Just to read full version of this story.

Already an existing print subscriber? As part of your magazine subscription you are entitled to receive full access to the New Zealand Listener Online content. Click here for instructions on how to redeem your digital access.

Or you can subscribe now to get unlimited access to listener.co.nz.

More by Linda Sanders

Switch to our mobile site