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Housing prices will always fluctuate.
No one truly knows when a home has hit its highest point or when it will drop. Until it actually happens there is no a true explanation for the cause anything prior are just assumptions. If you are not a speculator and are looking for a home to live in pay whatever you thing is appropriate. |
Sad , I could go around sad all my life if I worried about who had less or more then
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To be clear: according to the powers that be, any reference to the border and people coming over it (or not) is considered to be political and will not be allowed. Infractions will be given. Have a nice day, and please follow the site rules.
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remember 2008. 35%loss on housing, inflation, oil prices.. 2021 will make that look like a cake walk..6$a gallon gas, housing WILL tank loosing around 38% of it's current value, 7.50 for a gallon of milk.. Look around it's already started. look at you grocery bill, cable bill, water bill, electricity bill.. we better wake up and do it soon. this will be a depression for the ages!!!!!
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The sky is falling , the sky is falling , oh my
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Notice that in the early years of automobiles, each car was made "on-site" by hand. Then Henry Ford started the factory assembly line and cars became available to the general public. The same thing could be done for houses, but tradition and vested interests get in the way of progress. And a roof over one's head is a better way out of poverty and health problems than driving a car! |
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10,000 boomers retire every day. Meanwhile, 20,000 foreign invaders cross the border every day into the welcoming arms of the folks who were hired to keep them out.
There's some math in there that says boomers are going to continue to get good price for their old house, and Florida is going to have a hard time building new houses fast enough to give them some place to retire to. And on top of all that, we have a FED pumping 5 trillion bucks a year into an already inflated economy. Yes, this bubble will burst someday. But until it does, I don't know a better place to put my retirement savings than Florida real estate. I don't think you can stack enough gold in your closet safe to do you much good when inflation hits Carter levels. |
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