Inflation pay raise

I don't like the inflation at all, but there is one and only one upside for me: we bought a home several years ago. The mortgage rate is fixed, though for various reasons we didn't refinance at a lower rate during 2021. The taxes and insurance on our monthly payments will go up, but the loan principal-and-interest remains unchanged while we pay in deflated dollars. :rolleyes:

I do feel badly that home ownership is increasingly out of reach for many, particularly now that Wall Street investment syndicates have "discovered" investing in single-family homes as rental properties. Until the past five years, Wall Street investors avoided single-family homes as investment vehicles.
Same I'm glad I got my house when I did. Bought it from my family so I got a good discount and got a very good fixed rate. No chance I'm buying a house otherwise.
 
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