Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Tommaso who wrote (4045)	4/11/2004 4:49:59 PM
From: gregor_us	Read Replies (2) of 116555

Thanks for all the Comments on Buying a House. I intend to cover the issue in my next newsletter, using my local area as the prime example. The big question about home ownership right this minute is whether we can trust our government to preserve economic stability and the purchasing price of the dollar. If you think that the goverment has lost control, then the best thing is still to get hold of a house using a 30-year mortgage. Millions of people instinctively realize this and that's why house prices are jumping. I agree totally. People may instinctively realize the dollar is at risk of becoming increasingly worthless. Therefore, why not trade in those worthless green things for a real asset?

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