Graham Stephan: Inflation — around 1.76%

The window it was checked over

Consumer price index (CPI): U.S. Bureau of Labor Statistics via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.

What was said around it

effectively like I'm only paying half of that after taxes or 1.7 6% in interest net out-of-pocket at the end of the day then that amount is also lowered by inflation because every year my outstanding loan balance becomes easier to pay off with future money that's worth less like if you go and look this year that inflation was 1.76 percent that means when you factor in inflation and tax write-offs it's like I'm getting loaned money for 30 years for a completely free adjusted for inflation not to mention it's likely that there will be years where inflation is above 1.76 percent where in a way it's almost as though the banks will be paying me to borrow money from them to go and invest back into real estate so in this case it makes absolutely no sense for me to try to pay off early because if I did I would be losing money not to mention a few other major disadvantages first if I paid for any my properties outright or I decided to go and pay off the current mortgages that I have I would be tying up a lot of money in one place meaning I couldn't use that towards any other investments out there and that's what's known as an opportunity cost that is when you have the opportunity to go and invest your

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