Greg Mead mentioned a topic with which we are wrestling presently:
Lease-option versus renting the homes. Our dilemma arises from the facts
that our country is in reality financially bankrupt, and that the Federal Reserve with the endorsement of our government deliberately devalues our dollar and consequently forecasts a major price-inflationary period. Inflation (caused by the unlimited printing of paper money) is the enemy of a lender. If we should experience stagflation (simultaneous price inflation and loss of jobs and reduced income) we will be confronted with a double whammy.
How do we prepare (lease-option vs. renting) for the inevitable difficult economic times we are all about to be challenged with? We would appreciate any and all replies.
Bernd. H and Alexander