Correct me if I am wrong here....
1. Hyperinflation leads to higher prices for discretionary and non-discretionary items alike.
2. Higher prices leads to less disposable income
3. Less disposable income leads to higher defaults on mortgages.
4. Higher defaults on mortgages leads to a greater number of properties on the market.
So, other than lowering debt in real terms for current property investors only, how exactly is hyperinflation good for the property market??
- Forums
- Property
- hyperinflation can wipe out your debt
Correct me if I am wrong here....1. Hyperinflation leads to...
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