We sorta did. It was the tail end of the historically low interest rates and we knew inflation was coming.

In this case you should have said your goodbyes the moment you took the mortgage 😂

Catcher

>  just thought you are maybe saying your goodbyes too soon

I'm definitely jumping the gun, but that's reasonable because my time preference is incredibly low.

Undisciplined

econ

Anddddd With the Cut 2% Inflation Goal is Dead

Cje95

No, long term you are absolutely right, just thought you are maybe saying your goodbyes too soon:) I had a mortgage in a country with 15% YoY official inflation and I think 30-40% YoY unofficial inflation. The problem is you don't get salary increase every year. So I really started feeling the difference on the 5th year or so, when salary finally caught up. 