4 ms·
I call BS on this. Debtor democracies almost always end up rewarding debtors and screwing savers (through inflation, government bailouts, etc). Why fight the sy
by rphlx 16y ago
I call BS on this. Debtor democracies almost always end up rewarding debtors and screwing savers (through inflation, government bailouts, etc). Why fight the system? Get the largest fixed rate mortgage you can, at the lowest possible rate, with as little down, and then pay it off as slowly as possible. In 15 years, $1 will probably be worth less than $0.25 today. Let inflation gradually discount the cost of your house.