I think Inflation may Kick Off in 2-3 Years and This is what I’m Doing to Prepare.
Hi All, I've mentioned in other blog posts that I think Inflation may to be an issue in 2-3 years because of ultra low interest rates and Stimulus packages from National Governments around the world. I'm going to buy more real estate (Downtown condo's and a house in East Van) and I'm going to get 5 year fixed rate mortgages to keep my payments (costs) consistent and then rent these places out. Inflation should push up rents while my costs remain static, leaving me with a nice profit. (hopefully) I plan on getting 4% 5 year fixed rate mortgages. I…