REPORT ABUSIVE REPLY
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Message Subject
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What happens to mortgages during hyperinflation?
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Poster Handle
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Mental Case |
Post Content
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Ummm...if the value of your house appreciates due to hyperinflation it's not the mortgage note that you need to worry about...it's the property taxes that will skyrocket.
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But you can't sell the house because nobody has the cash upfront & the banks stop lending in a hyperinflationary invironment.
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