Culture
Recycles dryer sheets
- Joined
- Apr 15, 2007
- Messages
- 491
I am firmly convinced that interest rates along with inflation are going to rise precipitously in the next few years (say 3-5 years). I mean inflation in the range of 6-8% and interest rates of 9-11% I see this lasting 5-8 years. Ignoring whether or not I am right, what would be the best way to take advantage of this? The only thing I can think of is taking out a very large loan and buying a very $2M house in River Oaks (The nicest neighborhood in Houston). What else is out there that has a lower carrying cost without concerns for the liquidity trap?