couple of things to worry about for renters

[RDeNiro]

Back in the day when the mexican peso was worth something, my uncle got what would have been in todays day about 2 million dollars to buy a couple of Tuna fishing boats. The loans were payable in pesos. After the peso devalued, his loans ended up being about 10% of what they originally were. What’s going to happen if the dollar colapses and the $500 thousand loans in the US become, let’s say 50% of what they originally are. I’m currently looking at eventually buying in Chula Juana. There are some nice 2500 sq ft houses going for $170 per square foot, which is about 2003 level. It can probably continue to go down. But, with the possibility of inflation, how much are interest rates going to be in about 2008. Please comment…

[no_such_reality]

The answer simple. The economy goes to pot, you lose your job and loose the house anyway.

[no_such_reality]

The answer simple. The economy goes to pot, you lose your job and loose the house anyway.

[no_such_reality]

The answer simple. The economy goes to pot, you lose your job and loose the house anyway.

[no_such_reality]

The answer simple. The economy goes to pot, you lose your job and loose the house anyway.

[no_such_reality]

The answer simple. The economy goes to pot, you lose your job and loose the house anyway.

[barnaby33]

We’re already in recession, take your pick inflationary or deflationary are the only two flavors available. In one your assets get more valuable, so long as they aren’t encumbered. In the other your debts get less valuable.

I had an interesting conversation with Rich about these two divergent thesis on recession and while not comprehensive your plans should hinge one which you think most likely. In deflation our currency will become more valuable. Hard assets seen as easily convertible will retain value, as will those with income streams.

In inflation hard assets (unencumbered) will rise in value. Gold does really well in this case.

As to Mexico, there is no direct comparison.
Josh

[barnaby33]

We’re already in recession, take your pick inflationary or deflationary are the only two flavors available. In one your assets get more valuable, so long as they aren’t encumbered. In the other your debts get less valuable.

I had an interesting conversation with Rich about these two divergent thesis on recession and while not comprehensive your plans should hinge one which you think most likely. In deflation our currency will become more valuable. Hard assets seen as easily convertible will retain value, as will those with income streams.

In inflation hard assets (unencumbered) will rise in value. Gold does really well in this case.

As to Mexico, there is no direct comparison.
Josh

[barnaby33]

We’re already in recession, take your pick inflationary or deflationary are the only two flavors available. In one your assets get more valuable, so long as they aren’t encumbered. In the other your debts get less valuable.

I had an interesting conversation with Rich about these two divergent thesis on recession and while not comprehensive your plans should hinge one which you think most likely. In deflation our currency will become more valuable. Hard assets seen as easily convertible will retain value, as will those with income streams.

In inflation hard assets (unencumbered) will rise in value. Gold does really well in this case.

As to Mexico, there is no direct comparison.
Josh

[barnaby33]

We’re already in recession, take your pick inflationary or deflationary are the only two flavors available. In one your assets get more valuable, so long as they aren’t encumbered. In the other your debts get less valuable.

I had an interesting conversation with Rich about these two divergent thesis on recession and while not comprehensive your plans should hinge one which you think most likely. In deflation our currency will become more valuable. Hard assets seen as easily convertible will retain value, as will those with income streams.

In inflation hard assets (unencumbered) will rise in value. Gold does really well in this case.

As to Mexico, there is no direct comparison.
Josh

[barnaby33]

We’re already in recession, take your pick inflationary or deflationary are the only two flavors available. In one your assets get more valuable, so long as they aren’t encumbered. In the other your debts get less valuable.

I had an interesting conversation with Rich about these two divergent thesis on recession and while not comprehensive your plans should hinge one which you think most likely. In deflation our currency will become more valuable. Hard assets seen as easily convertible will retain value, as will those with income streams.

In inflation hard assets (unencumbered) will rise in value. Gold does really well in this case.

As to Mexico, there is no direct comparison.
Josh

[kewp]

Unless local salaries increase 100% as well I don’t see that happening.

I suppose cash-rich foreigners could buy up a bunch of assets, but I don’t see that for anything but the best properties.

[kewp]

Unless local salaries increase 100% as well I don’t see that happening.

I suppose cash-rich foreigners could buy up a bunch of assets, but I don’t see that for anything but the best properties.

[kewp]

Unless local salaries increase 100% as well I don’t see that happening.

I suppose cash-rich foreigners could buy up a bunch of assets, but I don’t see that for anything but the best properties.

[kewp]

Unless local salaries increase 100% as well I don’t see that happening.

I suppose cash-rich foreigners could buy up a bunch of assets, but I don’t see that for anything but the best properties.

[Author]

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