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Mortgages - How Do You Deal With Inflation?
Inflation is really hurting people who don't own assets that grow as a result of inflation. As inflation works its way through the system, it causes overtime prices to rise. Equity happens, and you are the beneficiary of that equity. And if you can imagine buying two houses right next to each other, a hundred % financed and never paying down a single penny on the debt on either property. In ten years, at seven point two% annual average inflation, those properties are going to double in value. You sell one and pay the other one off completely. And you you did it all with debt.