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The fix for the housing "crisis"

Started by looking2return
over 17 years ago
Posts: 182
Member since: Jan 2009
Discussion about
Inflation. Not crazy Zimbabwe inflation but something in the 8-10% range. Who wins? Homeowners. All of them but especially those with giant loans at low rates. Who loses? Loan holders. Now, I'll duck for cover. Flame away...
Response by manhattanguy
over 17 years ago
Posts: 152
Member since: Mar 2008

We are either going into a deflationary (90's Japan) or inflationary mode (80's U.S). Both are bad, but first one is worse than the second one.

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