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A comment on Show HN: Should I Get a House? a better rent vs. buy calculator. Parent comment

Re:Show HN: Should I Get a House? a better rent vs. buy calc... by motioncuty on Tuesday July 20, 2021 @01:15AM (#27890312)
But when you take out a morgage you can leverage 800k of the banks money at negative real interrst rates, effectively paying you tens of thousands over the course of the loan and any appreciation of that asset gets multiplied by 5x on your initial down payment.
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Re:Show HN: Should I Get a House? a better rent vs. buy calc... by rashkov on Tuesday July 20, 2021 @02:04PM (#27897070)
Negative because the loan interest rate is below inflation?
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Re:Show HN: Should I Get a House? a better rent vs. buy calc... by motioncuty on Tuesday July 20, 2021 @02:22PM (#27897309)
Yup, mortgages are around 3% and the fed rate is near 0 for the next year or 2. If inflation averages over 3% per year, you are getting paid the difference to borrow.
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