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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: GST who wrote (67559)	11/29/2006 10:03:53 PM
From: X Y Zebra	Read Replies (1) \| Respond to of 306849

The economy will slow, the dollar will decline and prices will rise. Stagflation. well, call it uncle willie... the real loser is the currency, a form of taxation to those who are in a fixed income situation or without the ability to pass through to the next level the general increase in prices... -which as far as construction goes- (cement and steel) i believe china and india are the main culprits of higher prices. and there is nothing anyone can do locally about this. well... houses crashing down ? -lol yes, at the very local level to bankrupt the morons who decided to 'invest' in houses, but other than that... houses -as well as a lot of other real estate- will go UP... [because you cannot build something and sell it for less than cost] what makes it nice for those well structured is that with interest rates coming down some more, makes for a perfect scenario for wealth creation over the long term as inevitably, (with a growing population) demand for goods and services will return.