FreeRE, initially inflation may erase your mortgage debt, but you'll be paying $30 a gallon for gas and $25 for an apple. Your power bills, water bills, and maintenance costs will skyrocket.
I wish we had inflation, call it what you want, but with few exceptions real estate investors and home owners have sufferred deflation. I can buy 5xs as many homes free and clear.
FreeRE, initially inflation may erase your mortgage debt, but you'll be paying $30 a gallon for gas and $25 for an apple. Your power bills, water bills, and maintenance costs will skyrocket.
rfholder 6 months ago
I wish we had inflation, call it what you want, but with few exceptions real estate investors and home owners have sufferred deflation. I can buy 5xs as many homes free and clear.
FreeRE1 6 months ago