US Inflation and What To Do About It Message Board

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Strategies & Market Trends : US Inflation and What To Do About It

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To: ggersh who wrote (456)	4/24/2014 2:24:41 PM
From: John Vosilla	Read Replies (3) of 1504

I see fewer and fewer houses on the market in my area Economy and so many jobs are so dependent on housing turnover, remodeling, new construction. Wonder what happens if we keep going at 150-200k jobs a month, very low rates supporting housing prices that continue drifting up once they reach far overvalued territory but with far fewer properties actually changing hands? This is actually a better scenario than 2006 and the only exit strategy that won't result in armaggeddon by 2017-18 IMHO but will still feel like agony for most stuck in quick sand.. Worst case is they repeat the 2004-06 frenzy with easy financing yet again which I fear taking housing much higher and overbuilding yet again.. You know politicians need the wheels greased to get reelected..

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