SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: benwood who wrote (91858)3/4/2008 3:03:08 PM
From: GST  Read Replies (2) | Respond to of 110194
 
Yes, the main thrust of my posts was and is the following: US real estate is likely to be a miserable disappointment as a hedge against inflation. The confusion in so many minds is that seeing their assets wiped out means we are in some sort of "deflation" -- and that if we do have inflation then housing in the US will benefit -- neither of which is at all realistic in a global inflationary environment with a dying dollar - the US dollar dead zone. We are in a raging inflation where your house is a rapidly depreciating asset and not a hedge against inflation.



To: benwood who wrote (91858)3/4/2008 8:14:05 PM
From: John Vosilla  Respond to of 110194
 
'NYC will suffer, too, and with the curtain pulled back on the huckters up and down WS, NYC could actually suffer worse because of the very high paying 'jobs' and recent many-billion dollar bonus payouts that vanish into a black hole of collapsing derivatives.'

NYC real estate sufferred mightily during much of the stagflationary 70's while much of the oil patch and heartland did very well..I predict it will be just about the worst RE market in the US the next decade while many other areas do quite well..

Let us all come back and revist this around 2015<g>