I live in Asia where the inflation rate is approximately around 4.5-6% (average) in last 10 years. If in the next 10 years I plan to buy a house in other country (any country which I have the currency). Should I choose to buy the currency which have the lowest inflation rate?
For example, if I hold US Dollar 100,000 right now, and I can buy a house. But with the inflation rate of 1.3% in 10 years the price will be approximately 13% (USD13,000). Means my money will not enough and I must add 13,000.
However, If I hold JPY 11,000,000 right now and I can buy house too right now, with the inflation rate of 0.1%. it will be only 1% increase in next 10 years (about 110,000 JPY). It's not so much.
So, Is my idea correct?