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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Mike Johnston who wrote (36104)7/24/2005 12:09:41 AM
From: Lhn5Read Replies (1) of 306849
 
<<As i have explained, the only way for a homeowner to avoid a wipeout would be to sell the property at the peak of hyperinflation and immediately pay off the debts. But even that might not be enough, since the government could put limits on the amount of currency that is eligible to be exchanged into "new dollars".>>

I disagree. If hyperinflation occurs the value in dollars of a property will so dwarf the debt that the debt will become meaningless long before the hyperinflation interval is done. I mean...you did say HYPERinflation, not just a little more inflation than we have now, right? Selling at the top and buying gold or any other undervalued hard asset could make one rich in the next segment of economic time. When the top arrives, please post here,,,thanks you so much!!!
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