Sunday, January 8, 2012

Good for borrowers.......not so good for savers

We didn't seriously start our real estate investing career until
1983, so we personally didn't enjoy the thrill of paying 18%
interest rates.  The only good news about that era was that it was
mercifully brief.  Since 1983 we have slowly and steadily acquired
investment real estate, always with borrowed money.  As the
linkage between interest rates for adjustable rate commercial
mortgages and T-Bills is fairly direct, you can imagine the relief
that this trend line provides.















thanks Mark

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