Comments by "Harry Mills" (@harrymills2770) on "Stoic Finance"
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@nicolep7241 They drove up prices, everywhere. Eventually, landlords in the big cities, sitting on tons of empty office and storefront space, will have to admit defeat, and either sell at a loss or default. As an individual, I sorta moved sideways, to a red state closer to home. Made bank on the sale and paid a premium on the purchase after. Now I'm in a smaller town with the same job. No crime. More land than the old place. More debt, too, at least slightly, but a better interest rate than my previous mortgage, and payments comparable to before that I can more than handle.
On paper, I've gained equity, but I'm in it for the long haul and can service my debt, so I'm at least OK, there. Anticipating inflation to come, the tail end of this mortgage will be paid off in massively inflated dollars if I can just stay the course in spite of everything the Uni-Party does to me.
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