Sir Viber Ph.D, M.D. on Nostr: npub14mcwt…8zt57 In a high inflationary period, debt *might* not be a trap, but a ...
npub14mcwtjwr0wjc3slk83xqa0gwd8uwy593l2j7xvd7xfkq9sv0fnzsg8zt57 (npub14mc…zt57)
In a high inflationary period, debt *might* not be a trap, but a tool. Depending on the interest rate, and if it is lower than inflation, it could be looked at as free money, if buying a hard asset.
I used to think all the people buying 300k homes for 2% in 2019 were going overboard, but now their homes are worth 500k and rates are 8%!
If we are in a cycle of inflation, as dumb as it sounds to traditional home finance gurus, levering up at low rates could make you a lot of money.
In a high inflationary period, debt *might* not be a trap, but a tool. Depending on the interest rate, and if it is lower than inflation, it could be looked at as free money, if buying a hard asset.
I used to think all the people buying 300k homes for 2% in 2019 were going overboard, but now their homes are worth 500k and rates are 8%!
If we are in a cycle of inflation, as dumb as it sounds to traditional home finance gurus, levering up at low rates could make you a lot of money.