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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Tradelite who wrote (59762)8/11/2006 3:43:38 PM
From: Lizzie TudorRead Replies (1) of 306849
 
in the bubble markets which include my area, the building materials= inflation argument is similar to the Chinese yuan float= inflation argument.

The fact is that houses cost so much more than building materials, maybe 20x as much at the high end, that building material inflation hardly matters. At least here.
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