Re:How to invest without knowing the future
by jjav on Friday November 12, 2021 @04:41PM
(#29204873)
> Aren’t you just buying a very inflated asset with that mortgage?
If there is no significant inflation in the future, that's probably right.
But if there is significant inflation, that value will go way up in absolute dollars simply due to the dollar devaluing. And the mortgage balance will effectively be minimzed by the same reason.
If there is no significant inflation in the future, that's probably right.
But if there is significant inflation, that value will go way up in absolute dollars simply due to the dollar devaluing. And the mortgage balance will effectively be minimzed by the same reason.