[quote=AN][quote=ltsdd]Get ready for double-digit unemployment and inflation. It’s going to be the fvcked up 1980s again. I am going to put off buying that next investment property for the next few years.[/quote]
That would be fucking AWESOME if we see double digit inflation :-D.
As for double digit unemployment, do you think we’ll see another great Recession? If so, will we also see dirt cheap housing again? Doesn’t sound too bad to me.[/quote]
Humm high inflation.
OK to Good for stock investors – since price will at a min track inflation.
Good for debtors – pay off with inflated dollars
Bad for cash – worth much less
Bad for fixed income, bonds – inflation wiping out interest payments.
House prices will probably remain same with everything else rising to meet the house prices.
