Letter Re: Real Estate Crash Followed by a Hyperinflationary Recession?
Mr. Rawles, Again, for your very useful posts, thank you. I have a question if you have the time. It was in regards to your real estate post: “My advice to home owners is pay it off and my advice to prospective home buyers is wait for the crash and pay for it with cash.” This is my current plan: I’ve sold my home and am renting now. But do you believe (in the hyper-inflation scenario) that there will be a lull to allow for your statement above? Will there be a time in between when recession/depression and when hyper-inflation …