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<p>[QUOTE=&quot;InfleXion, post: 1616298, member: 29012&quot;]Fair points Cloud and I don&#039;t disagree with you. I just think that tens of thousands of dollars in asset ownership have the potential to make a big difference. It&#039;s not so much that quality of life has diminished because they are missing that equity, but that their net worth took the hit. That money could be used to upgrade to a better house, to start up a business, all sorts of things that could lead to better situation than living paycheck to paycheck and a better overall economy. I know you&#039;ve said that most of those losses have been recouped assuming the average citizen is diversified in other financial investments, but if you consider that it is with devalued dollars it&#039;s not exactly a wash. As you said, everybody needs a home, but not everybody needs to have investments. Whether they should or not is another story, I think we would both agree they should, but investing isn&#039;t necessary to put a roof over your head or food on the table, so not as many people will do it. Ultimately the net result is an extra year or 2 of labor to pay off the impact. That doesn&#039;t mean it&#039;s anybody&#039;s fault in particular, but that prospect isn&#039;t necessarily going to sit well just because day to day life appears to be the same.[/QUOTE]</p><p><br /></p>

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