The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Giordano Bruno who wrote (35204)	2/13/2011 1:59:23 AM
From: John	3 Recommendations Read Replies (1) of 71456

Everything you already own -- a house [...] has rapidly declined in value Good points about "biflation", but I have never understood why the intrinsic value of a used house would ever be expected to appreciate. Extrinsically, we can point to various factors such as the relative quality, the aggregate value of residing in a certain location, supply and demand, etc. But, intrinsically, a home should lose value as it ages for the same reasons that a car, a pair of running shoes, and Madonna's crusty thongs lose value over time. I think the pushed concept of homes appreciating in value is a not-so-clever ruse.

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