While I'm locked in my mortgages at fixed rates. I fully intend to pay them off when hyper-inflation hits before they do a shift to another currency and/or adjust mortgages.
I'm fortunate enough that my home is paid for. I had a 15 yr. mortgage at 4%. However, there are taxes and insurance to contend with still. In Texas property taxes are high. Property taxes fund the education system here. UGH! Renters pay property taxes as well in their rent payments. It's not a free ride. My home has tripled in value. Worst case - it's goes down to a price I initially paid. Could happen I suppose. IDK. But, I'd at least be able to cash out and break even if I had to. And then buy more BTC!
While I'm locked in my mortgages at fixed rates. I fully intend to pay them off when hyper-inflation hits before they do a shift to another currency and/or adjust mortgages.
I'm fortunate enough that my home is paid for. I had a 15 yr. mortgage at 4%. However, there are taxes and insurance to contend with still. In Texas property taxes are high. Property taxes fund the education system here. UGH! Renters pay property taxes as well in their rent payments. It's not a free ride. My home has tripled in value. Worst case - it's goes down to a price I initially paid. Could happen I suppose. IDK. But, I'd at least be able to cash out and break even if I had to. And then buy more BTC!
The richest man of Babylone will have bought Bitcoin. For sure.
Totally agree. It’s a tough choice to stack or buy a home but if you can do both that is ideal. Everyone needs a citadel.