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A comment on Tech bubbles are bursting all over the place. Parent comment
If inflation is 8.5% and a mortgage is 3%, the bank is paying me to buy a more expensive house.
At the same time, If I hold and wait to buy, my savings are evaporating while the price goes higher.
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If inflation is 8.5% and a mortgage is 3%, the bank is paying me to buy a more expensive house.
At the same time, If I hold and wait to buy, my savings are evaporating while the price goes higher.