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2009-05-27 10:57:46
Pug
UR father's brother's nephew's former roommate
+652|6804|Texas - Bigger than France
I think, if the government was a static entity, your prediction is correct.

I would believe that the policies of municipalities, states, and nationally the government tries to adjust accordingly to help even out the peaks and valleys.
2009-05-27 17:45:27
ATG
Banned
+5,233|6791|Global Command
The way I understand it if you have a home now, inflation kicks in and that may cause values to recover.
If you have a fixed rate ( I don't ) you are going to be okay as long as you can keep your home.

If they come to me and say that because of inflation and my adjustable interest rate my payment is going up I say see-ya.
I have to assume there are many like me so yes, all signs are there for a biblical meltdown.

Commercial real estate must crash too.

Sorry, but that's what's coming.

 

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