Why the government took home prices out of its main inflation index

Re:Why the government took home prices out of its main infla... by adam_arthur on Friday May 27, 2022 @03:25PM (#31533783)

You can do a cash out refi and invest into other higher yielding cashflowing assets. People do this all the time for e.g. renovations, additions etc

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Re:Why the government took home prices out of its main infla... by CincinnatiMan on Saturday May 28, 2022 @01:42PM (#31542213)

You eventually have to pay that back though, right? So the benefit is fleeting.

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Re:Why the government took home prices out of its main infla... by adam_arthur on Saturday May 28, 2022 @09:27PM (#31545385)

If you cash out refi at 3%, and invest into 6% yielding asset, then you are permanently making 3% extra return on that money.

(of course there's risk etc)

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