“Why is this post titled “couple of things to worry about for renters”?”
The Mexico reference was just to illustrate that if you owe money and there is inflation, wages eventually go up and your loan is reduced. I lived there and saw it happen like 10 times. If wages rise and there is inflation, interest rates will rise as well. The point of my commment was, it might not be good to wait until prices drop all the way down if there is going to be high inflation in a year or two.
