I appreciate the help in answering this question for me as Im new to HML business...
How does possible future inflation impact the HML business?...I know that during inflationary periods RE tends to increase in value..Ty for any help...
Just found this article from John Paulson (Hedge Fund Manager)
In light of pending inflation, Paulson stressed that investors do not want to own long-dated liabilities, but rather should issue them. One of the most efficient ways for people to take advantage of this is through mortgages on residential real estate, noting that now is the best time in 50 years to purchase a home