3 ms·
Yes. With enough inflation your house would become worth 10x and your mortgage now represents at most 10% of the new value. Fixed rate leverage is a bet that in
by benmanns 5y ago
Yes. With enough inflation your house would become worth 10x and your mortgage now represents at most 10% of the new value. Fixed rate leverage is a bet that inflation is understated.
- Swizec 5y agoMy parents paid off their first apartment in 5 years instead of 20 because of inflation in Yugoslavia. You can no longer get fixed rate mortgages in that part of the world … wonder why