Nicholas Geti wrote: >>> And over that same period prices of houses rose astronomically. >>> >>> >> Ok. So here's my advice for you two lads. Borrow as much money as you >> can at whatever interest rate you are asked. If the interest rate is >> tied to inflation or to nominal rate then THAT'S better than static >> interest. Go ahead! The world will be yours! >> >> >> > You are doing the same thing as Geoff. Adding assumptions to the borrowing > model that started this discussion. I have never seen an interest rate for > borrowing tied to inflation. They are always fixed rates. >
Yup, tell that to the poor people that lost their homes to rising interest rates! --- StripMime Report -- processed MIME parts --- multipart/alternative text/plain (text body -- kept) text/html --- _______________________________________________ Post Messages to: ProFox@leafe.com Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
