Would buying property be a good inflation hedge.
I'd love to lock in a cheap mortgage,even if money is worth 10% less next year, my mortgage remains the same.
I'd love to lock in a cheap mortgage,even if money is worth 10% less next year, my mortgage remains the same.
In terms of investment property or flipping, there are many factors and you might want to look at what happened historically.
For example, raising interest rates significantly like Volcker did in the 80s stopped new home building cold because new buyers could not afford mortgages. They stopped building the subdivision my family lived in for 3-4 years when this happened. In general, people who bought just before that period did not see a return on their home for a decade-plus, but the economy rebounded quickly after that period
https://www.cnbc.com/2019/12/09/when-volcker-ruled-fed-peopl...
My current 401k contributions alone would cover the mortgage.
Ideally when I don't live their I'd rent it out.