[jpetso]

Inflation isn't great for people with stocks, and high interest rates are the main thing that can apply downward pressure to housing prices.

People with lots of debt have it rough right now. The little guy with no house or stocks, but no debt, however, has more of a chance to catch up when hard-earned assets depreciate via inflation and high interest.

[notyofriend]

If you had lots of debt and lots of assets even if in 2020 that was a net zero of you made it to 2022 you became insanely rich in the last couple years

[Aloha]

Inflation is actually pretty good if you have debt, the debt is in fixed dollars, your wage will likely go up.

[red-iron-pine]

the average US wage hasn't kept up with inflation since, like, the 1970s.

[Aloha]

Doesn't matter it still goes up, the mortgage note you owe 75000 2003 dollars would cost you 126000 now. Because while it's true in 2003 you made 35000, and now you make about 60000, you're still slightly ahead.