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: koan who wrote (77874)	4/17/2008 3:38:39 PM
From: Elroy Jetson	Read Replies (2) of 116555

Are you actually suggesting that people who want a home in Beijing or Dubai will instead buy a home in America? How else will housing demand in these other locations dribble down to Alaska and inflate prices in "your town"? We had really bad inflation in the 1970s and home prices tanked. .

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