3 ms·
No but we do have inflation eroding the value of savings and also the cost of fixed rate mortgage debt. Right now you need a pretty good rate of return just to
by Lio 4y ago
No but we do have inflation eroding the value of savings and also the cost of fixed rate mortgage debt.
Right now you need a pretty good rate of return just to keep pace with inflation if you're saving.
Meanwhile that same inflation is reducing the value you the debt you've taken on to buy a house and you get to live in the house as it pays off.