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Call it Crazy
Thu, 7 Feb 2013, 10:46am PST
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I'll take 3.5% for 30 years, if we ever get any inflation, which half the bears on here predict, how will a million dollars in mortgages feel after several years of higher inflation?
How will a million dollars in mortgages feel when your empire is worth $500K????
Thu, 7 Feb 2013, 6:32pm PST
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hmmm, so you are saying prices will drop 75%? Well, then I'll buy another 15!
You will be wiped out if prices drop 75% period end of story. If you say otherwise than you are doing some fishy shit with your financing. Are you doing fishy shit with your financing?
Thu, 7 Feb 2013, 9:19pm PST
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So the 75% drop includes inflation? Which means its more like a 100% drop.. *ya right* Ain't gonna happen. There is a built in floor for housing at around 10% rental ROI.
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