A 1965 Ford Mustang convertible is one of the most inflation-efficient assets on earth. It cost $2,500 in 1965 and, given that $1 in 1965 is the same as $10 today, it now costs $25,000. It’s literally the gold-standard of inflation hedge. But mobile home park lot rents are the opposite, having missed inflation targets by 50% or more. In this discussion, Frank Rolfe gives his views on this fact and how that creates opportunity for investors.
