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

To: Jim McMannis who wrote (106025)	2/21/2008 6:33:32 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 306849

they wouldn't but they would spend an additional 5 trillion on top of our already 8.5 trillion dollar debt, causing our currency to be even more worthless than it is today, and consequently rampant inflation would ensue, meaning the only things worth holding are real estate (in desirable areas), gold and collectables, commodities. I know now, that Bush supporters don't connect the dots. The problem is the spending, leading to a crash in our currency, leading to inflation, leading to poor market returns causing retirees to need services from the "system", leading to more inflation. Had the debt been paid off, none of this would be happening of course.

To: Jim McMannis who wrote (106025)	2/21/2008 9:36:51 PM
From: XBrit	Read Replies (2) \| Respond to of 306849

Why would any of the 60 million retiring boomers head to SV to buy an overpriced house? Widening the area a bit, the Bay Area remains a really awesome place to live. It has a uniquely rich combination of cultural life, climate, outdoor recreational opportunities, consumer facilities (as in shopping and that stuff) and social and political culture. I am still unable to find anywhere I'd rather live in retirement than right here. Of course, I bought my house in 1992 for 1/3 of its current alleged Zestimate, and pay property taxes accordingly. My energy bills average $100 a month because of a right-sized house and the nice climate. So for me it's also a nice cheap place to live.