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406
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ranked #51,735 most helpful out of 571,544,897 reviews
★☆☆☆☆
Sell house and rent at 300% inflation???!!!
OK. I sell my house because real estate values will fall. My house is in a sought-after neighborhood and it is tough to find one that has been maintained well. I go rent a house for $1,800 a month, it is not as nice as the one I sold. After 300% inflation my landlord wants $6,000 a month. My employer has not increased my salary 300% and even if he did I would be paying so many taxes I still could not pay the new rent. Let's see, I could buy a house! But interest rates are 100% per year and the $100,000 I got in my pocket out of selling my house has disappeared paying for rent and food and utilities that are 300% higher. Get my drift? If you have a nice home at a low interest rate do not sell it. Plant a big garden, get chickens, prepare for relatives to move in. See if you can make the home energy efficient. Make your next car a gas sipper.
July 2012 · Books
the product in question
Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown
3.9★ · 560 ratings, as of 2023
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