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by zeroonetwothree
26 days ago
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There are cheaper ways to hedge inflation. Also, people with careers don’t really need to hedge inflation especially. In 1960 rent was about 10% of median income. Today it’s more like 30%. This might sound bad but in 1960 food was 30% of median income and today it’s around 10%. Prices are always relative, it’s impossible for everything to get cheaper. There’s no reason to assume rent is especially prone to this except that it has been over a certain period. Other periods it has been the opposite. |
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This is like saying, "you don't need to hedge inflation as long as everything goes right"
You don't need to hedge inflation ... until you do.