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Does anyone know what happens to mortgages when the SHTF?

posted 2 years ago by GODisinc0ntr0l 2 years ago by GODisinc0ntr0l +46 / -0

Who will own them? We still owe 15 years on ours... will it even matter? We have a fixed rate conventional loan. Can we discuss some probabilities?

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– brxn 4 points 2 years ago +4 / -0

huge inflation = easy to pay off loan

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– EyesWideShutN0M0r3 2 points 2 years ago +2 / -0

Easy to pay off only if you are able to keep your job and only if you are given the raise to match for the hyperinflation. It is going to get real interesting and if hyperinflation happens like it did in 1930's Germany then things will get really bad really fast. All I ever think about is a wheelbarrow full of money for a simple loaf of bread.

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