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#393 - Ali Abdaal - 12 Simple Ideas To Earn Passive Income
Modern Wisdom
Real Estate
If inflation is very high, it means actually, that your mortgage is getting cheaper. You are essentially paying off your house by default of inflation. Usually the price of houses tends to increase greater than the rate of inflation in any case. So you will earn money, presumably, on the house's value increasing overtime. That's another thing. It's a hedge, having a proper to ase, a hedge against inflation, right? Er, yes. People often say that. Ye, housing market only goes up, someone said once. But it really is a vehicle for which the rich get rich.
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