Godlike Productions - Discussion Forum
Users Online Now: 2,107 (Who's On?)Visitors Today: 1,367,877
Pageviews Today: 2,264,711Threads Today: 858Posts Today: 15,409
09:59 PM


Back to Forum
Back to Forum
Back to Thread
Back to Thread
REPORT COPYRIGHT VIOLATION IN REPLY
Message Subject What happens to mortgages during hyperinflation?
Poster Handle Movalong
Post Content
You just never know.

The bank could recall the loan immediately.

If it's an official government devaluation of currency then they MIGHT also index all debt to the percentage of devaluation.

If market forces devalue the currency then you MIGHT be able to pay off your mortgage with pocket change.

Hyperinflation is a wild animal & very unpredictable.
 Quoting: Mental Case


trump-HRYK
 
Please verify you're human:




Reason for copyright violation:







GLP