"neither will real estate values be lost because of inflation" is the conclusion of this argument:

well located, sound real estate is the safest investment in the world. it is not going to disappear, as can the value of dollars put into savings accounts. neither will real estate values be lost because of inflation. in fact, property values tend to increase at a pace at least equal to the rate of inflation. most homes have appreciated at a rate greater than the inflation rate (due mainly to strong buyer demand and insufficient supply of newly constructed homes)." (robert bruss, the smart investor's guide to real estate)

true or false?