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Re:This real estate bubble won't pop by benmanns on Sunday October 10, 2021 @11:22PM (#28824307)
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.
Re:This real estate bubble won't pop by Swizec on Sunday October 10, 2021 @11:26PM (#28824331)
My 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