[conanbatt]

If inflation goes up and ratings go up, mortgages get expensive, and then housing more unaffordable.

Your debt is liquified but your house value also goes into the crapper.

[new_realist]

Over 30 years, though, your salary will go up with inflation, but your fixed rate mortgage payments will not.

[conanbatt]

And what happens to the 30% house value down at 5x leverage?