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Hey, did someone mention my name? sorry couldn't resist, I bought well before the peak, but thanks for showing you care!

Graemsay The thing is the rent covers most of the cost, so as a rule, the cost ongoing can be about 1.5% after tax, or even better than that if you buy better. So to keep it short, if the cost to me is 1.5% and inflation is 3.5%, then over a long term the 2% will add up to a bit...

And that's exactly my point. The only thing that scares governments more than high inflation is DEFLATION, and they actively legislate for inflation and against deflation. Which means using other people's money to buy quality assets will always work out over the long term.

I'm with you Devo. Can someone explain how the following scenario won't work out for me: I buy a house for $500K. It only increases in value at inflation rate, 4%, which means it doubles in 18 years, and again 18 years later. I'm 30 now, so when I'm 66, I'm retired and I have about a...