Post
Topic
Board Economics
Re: Lenders and borrowers during inflation
by
Gozie51
on 29/08/2022, 14:54:05 UTC

Only high-risk raiders should attempt to take loans during such a time in hope for a sharp profit e.g real estate flippers.

Sometimes an estate agent could see an investment opportunity to buy a property for cheap and whether inflation or not he could approach the bank for loan if he sees the profit staring in the face. I agree with this because I have known someone like that and after buying, he immediately put it out for sell and regain the loan plus extra profit on it. It is risk takers and business minds that does that really.