This is a great article followed by some excellent responses. My question for capitalist hero: yes borrowing at 5% to buy a house and get a mtg makes sense, but I always wondered how one is going to keep up with property taxes and other everyday food item inflation while incomes fail to keep up with inflation. How do you afford to keep the house especially in some of the bankrupt states?
The Dollar Is Doomed [View article]
The Dollar Is Doomed [View article]
My question for capitalist hero: yes borrowing at 5% to buy a house and get a mtg makes sense, but I always wondered how one is going to keep up with property taxes and other everyday food item inflation while incomes fail to keep up with inflation. How do you afford to keep the house especially in some of the bankrupt states?