> Also rich people can sometimes take loans with interest lower than inflation, this is basically free money.
In Canada you can borrow well below 2% and housing prices in hot markets have been going up well over 10% YoY with a lot of predictions of 20%+ this year.
Free money indeed. You just need $1 million+ to play the game.
Also rich people can sometimes take loans with interest lower than inflation, this is basically free money.