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


To: bentway who wrote (45826)10/18/2011 10:21:54 AM
From: Mike Johnston1 Recommendation  Read Replies (1) | Respond to of 119360
 
As a place to live, savings vehicle and inflation hedge - yes. People were forced to pay the mortgage (forced saving), got a place to live and at the end have this asset that has kept value with inflation.

But no net new wealth is created.



To: bentway who wrote (45826)10/18/2011 10:36:49 AM
From: John Vosilla3 Recommendations  Read Replies (1) | Respond to of 119360
 
Home prices up or down in 2007? Predictions from the FOX experts versus Schiff<g>

youtube.com

Fast forward to FOX talking points today and it was all Obama's fault