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“don’t worry inflation is only 3% though”
And thats the reason why ill stick to RV life even tough i could afford a home
The value of a home doubles every 10 years as well.
If I recall correctly, compound interest of 7% a year, for 10 years, will result in having doubled your money
That’s the problem actually. Wages don’t grow that fast. If you haven’t started with sizable amount of money to just invest and let it grow, you’re fucked.
