I don't like the inflation at all, but there is one and only one upside for me: we bought a home several years ago. The mortgage rate is fixed, though for various reasons we didn't refinance at a lower rate during 2021. The taxes and insurance on our monthly payments will go up, but the loan principal-and-interest remains unchanged while we pay in deflated dollars.
I do feel badly that home ownership is increasingly out of reach for many, particularly now that Wall Street investment syndicates have "discovered" investing in single-family homes as rental properties. Until the past five years, Wall Street investors avoided single-family homes as investment vehicles.
