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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (65514)7/7/2006 12:30:30 PM
From: Mike Johnston  Respond to of 110194
 
IMO high commodity inflation, declining productivity, higher taxes, insurance and utilities can cause a significant increase in rents while wages are stagnant.

I think that living standards will decline sharply going forward.

If the Fed continues current inflationary policies, oil will get to $150, causing many exurbs to be abandoned and forcing many families into apartments closer to cities, where they might have to double up in apartments in order to afford them.


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