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Replying to

Jim Smij

you're right, dont buy land. pay a landlord and when they raise your rent to just above what you can afford, then what?

debt should be leveraged. if you're not, you're falling behind, because they are.

Ghost of Truth 6mo ago 💬 2

You never witnessed falling real estate prices,my young friend

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Discussion

Deleted Account 6mo ago

Why should I care about the value of my house when I have no plan to sell it? It’s a shelter, not a speculative asset?

Also inflation is just gonna go up forever and faster than before so the debt will be easier to pay back over time.

Ghost of Truth 6mo ago 💬 4

I see deflation on the horizon

Deleted Account 6mo ago

Maybe in a few decades once all fiat currencies have collapsed and we’re back to sound money. Until then, nothing stops the money printer and it will only accelerate.

Ghost of Truth 6mo ago

Remember 2008-2009? Now add AI and the debt spiral

REALMANTALK 6mo ago

You think it will happen? Fiat money value will go up?

Ghost of Truth 6mo ago

I can imagine a deflationary credit event. A real estate collapse or sth like that. Would be a short lived but hard hit