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<p>[QUOTE="Cloudsweeper99, post: 1623024, member: 3011"]I would just point out that in my opinion, and nobody knows the future, it would be a mistake to believe that the housing recession is permanent. And home prices don't have to go up by the same or greater percentage as inflation to beat inflation because the investment is leveraged. I would also point out that a bottom in just about all markets is reached when everyone "knows" and can "prove' with examples and statistics that prices are going to stay low, or worse. The buyers last year and this year might look pretty smart five to ten years from now, and even the buyers at the top will probably regain their equity if they have the income to continue making payments. Time will tell. If you wait until real estate is "safe," you're probably going to pay a much higher price with a much higher interest rate.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1623024, member: 3011"]I would just point out that in my opinion, and nobody knows the future, it would be a mistake to believe that the housing recession is permanent. And home prices don't have to go up by the same or greater percentage as inflation to beat inflation because the investment is leveraged. I would also point out that a bottom in just about all markets is reached when everyone "knows" and can "prove' with examples and statistics that prices are going to stay low, or worse. The buyers last year and this year might look pretty smart five to ten years from now, and even the buyers at the top will probably regain their equity if they have the income to continue making payments. Time will tell. If you wait until real estate is "safe," you're probably going to pay a much higher price with a much higher interest rate.[/QUOTE]
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