Baltimore Home Purchase
Is buying a house in the substantive fairness a good hedge against inflation or hyper-inflation?
Even with home values, property is valued at $ 70,000 above the purchase price and is located between the No. VA / DC / Baltimore metropolitan area. I have yet to be financed, but a very good rate. If I decide to buy and I'll make my residence Principal for 8-10 years before selling. Is this a good investment that has a lever against inflation, even hyper-inflation?
He only "leverage" if you accept the premise that the market value, it will rise faster than inflation.