npub14mcwtjwr0wjc3slk83xqa0gwd8uwy593l2j7xvd7xfkq9sv0fnzsg8zt57 (npub14mc…zt57)
In a high inflationary period, debt *might* not be a trap, but a tool. Depending on the interest rate, and if it is lower than inflation, it could be looked at as free money, if buying a hard asset.
I used to think all the people buying 300k homes for 2% in 2019 were going overboard, but now their homes are worth 500k and rates are 8%!
If we are in a cycle of inflation, as dumb as it sounds to traditional home finance gurus, levering up at low rates could make you a lot of money.
Sir Viber Ph.D, M.D. /
npub143…9key8
2023-10-20 00:56:48
in reply to nevent1q…2tap
Author Public Key
npub143ywpnvy3un7c6shdwnw0jap7c36ayjazfsfuhmhdv557v5fcrnq69key8Seen on
wss://relay.nostr.bandPublished at
2023-10-20 00:56:48Event JSON
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