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Did Buying a House Calm Your Mind About the Future?
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I am going to buy a place and I have been thinking about the implications to this, and honestly outside the overall nervousness, I feel a bit more calm about the volatility going on in the US. While I get things could get to a civil war like situation in theory, barring that, economically speaking I would be insulated from inflation and rent hikes, which seem to be a common think post 2000. Further, I have a space that is mine and as long as I pay it, will be mine. Further I can build up equity and perhaps even use it as a rental if I outgrow it. Outside the pride of home ownership and all that, do you feel better insulated if the economy were to say go through a bout of large inflation? Further outside property tax, it seems to insulate you from many of the issues of our time as you have a refuge?

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4 years ago