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> Inflation benefits borrowers and penalizes lenders. How does that follow? The only reason I can afford a house is because the interest rate is near zero. At
by Aeolun 2y ago
> Inflation benefits borrowers and penalizes lenders.
How does that follow? The only reason I can afford a house is because the interest rate is near zero. At a 5% rate I’d be priced out of the market, and pay 2x more money eventually.
- drdec 2y agoTo clarify, it benefits people who have previously borrowed.