The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Tradelite who wrote (86077)	8/19/2007 2:15:57 PM
From: Metacomet	Read Replies (3) of 306849

Long term, house prices go up. Has that been proven? That is of course the mantra that tripped up thousands of folks in the current debacle, but I don't know if it is true. What is absolutely true is that dollars inflate, or lose apparent value relative to all asset classes. In terms of houses, the price seems to go up, but it might just be the erosion in the purchasing power of the dollar. And in the current case, it may be that as a result of houses "going up" at a rapid rate, maybe we will see dollars adjust accordingly to reach a market clearing level. Maybe Coxe is right. The place to be is in gold.

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