alt Hacker NewsWhat's your definition of affordable here?
You can still own millions and billions of dollars of things, but you'll have to shrink your money pile over time to pay for those things if you don't have a source of income.
What's your definition of affordable here?
You can still own millions and billions of dollars of things, but you'll have to shrink your money pile over time to pay for those things if you don't have a source of income.
It depends on the asset and the ability to earn income from it.
The higher the rate, the harder it will be to do.
At some point, only speculators with deep pockets and the desperate with enough cash flow could do it.