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Damn I haven’t even started thinking about the inflation beyond the horizon
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Historically, yes, real estate has performed relatively well in inflationary environments. The one caveat I would add is that inflation will mean higher interest rates, and higher interest is not usually good for real estate prices. I prefer Gold! twitter.com/Digoriii/statu
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Old enough to think printing money=inflation. Then 2008 happened and broke that view. Most people today only known 2008 and think printing money != inflation. But fewer businesses and higher cost of operating a business and inputs seems to mean price inflation.
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Yeah I’m not quite sure wtf happened in 2008 but I still have that older view as my default. After this current squeeze on the dollar, the go brrr = inflation I think. Not clear how else equation can balance.
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More telecommuting means an excess of office space and more conversion of office space to housing. Result: eventually everyone will literally "live at the office."