As indicated i see property as a hedge against inflation given...

As indicated i see property as a hedge against inflation given that costs rise so will production costs etc. The other effect is that FHB and other property buyers seeing inflation go up will want to get in before prices go up. While interest rates go up, will the increased cost in interest out weight the increased cost of buying.

Also those with say $500K as a deposit, but waiting for the 40% so that they can buy the formerly priced $900k for only $540k, only borrowing a little. but say the property market stabilies and the price falls reverse on inflationary pressures, so the 500k house is now say 550K, ie 10% inflation, so the renter will need to find another $50k, some of this will come from increase interest rates say 12% or $60k, but since they have to pay tax, should end up with $35K (assuming top rate of tax. so they are $15k behind.

So what is the renters strategy in an inflationary environment? Any advice.