Other than not having a monthly mortgage payment and therefore more money to spend on higher-cost goods, how does paid-off real estate hedge against inflation?
That is, whatever you need to buy is still as expensive regardless of whether real estate is paid off, right?
5 posted on 04/08/2009 10:41:30 AM PDT by Ghost of Philip Marlowe
(If you haven't read "The Creature from Jekyll Island," you probably don't know what's going on.)