Why I Buy Real Estate

If inflation continues at this rate, you're better off borrowing money to day for a mortgage at five % and paying it back a year from now with dollars that h've depreciated by eight and a half%. You took a mortgage in the 19 sixties on your house. Do you want to pay it back in 19 sixties dollars, or to day's dollars? Today's, of course, 30 thousand dollar mortgage, like mortgage for a house. I can't even buy a car for that now. So he makes a great point. If a mortgage five % nd flace, continues to go up, you could score huge. There is some risk in thate when you