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My macro economic understanding is that real estate is a debt that hedge against inflation. Since inflation will cause raising cost, your mortgage is locked in
by aynyc 5y ago
My macro economic understanding is that real estate is a debt that hedge against inflation. Since inflation will cause raising cost, your mortgage is locked in while cost of everything is going up. Inflation punishes savings but help debtors.
- xapata 5y agoYes, but if inflation also pushes up asset prices, you might have been better off investing in the stock market.