Agree
this was the no idea statement, the ignorance that followed just proved it.
"As you said, inflation is just the price going up. You are not getting richer."
Inflation is just fine by me on a 20% deposit which is eventually paid off entirely in 25 years.
What's the value of the free cashflow forever at the 20-25 year point...yup, NO idea.
Someone is either expecting 20 years of deflation or doesn't understand property leverage to even just 2.5% inflation/ property growth (and 2.5% would be a poor investment, but I am always conservative so as not to overexcite the doomers)
Just too hard for many given the lack of real return first 5-7 years
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Agree this was the no idea statement, the ignorance that...
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