As inflation goes up rent prices go up.
As inflation goes up, your effective mortgage payment goes down.
Question: do you think inflation is coming? If it is coming, you should buy regardless of if the market is hot or cold.
Also: at 3% interest rates its pretty much free money to borrow. Rates this low are so unbelievably unheard of. it's a truly a once in a lifetime opportunity. Why do you think everyone else is buying and driving prices up? Rates have literally never been this low other than in the great depression
Yeah, that's one good thing.
Inflation is here already buddy. 50% monetary inflation
I totally agree with you, just phrasing that way to cover all cases.
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