>>20178318Yeah, you canucks don't have our 30 year mortgage deal but the idea for burgers is something like:
>Buy $500k house with crushing 7% mortgage>Limp along making minimal payments>Debt crisis hits>Fed panic cuts>You refi as mortgage rates snap to 2% or whatever>Payments now ez>Crisis worsens>House now $1m because inflation>Dgaf as Fed rate sits at 0% while new mortgages soar to 10%+