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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: BubbaFred who wrote (47956)	4/4/2004 2:48:50 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

There does seem to be plenty of inflation in house prices. moneycentral.msn.com 10% a year over 5 years, give or take a bit. But that's with interest rates crashing, so when interest rates go up again, it'll be interesting to see what house prices do. Some people are predicting a house price bust. Some here are sure it will happen. I'm inclined to think you are right and there won't be a bust, as the rise was caused by a currency proliferation inflationary surge. Prices might drop 10% and more in some places as interest rates rise, but no halving unless Jay's doomsday financial reset process happens. Mqurice