Message:

<p>[QUOTE=&quot;doug444, post: 1623052, member: 38849&quot;]I don&#039;t think I said the real estate recession is permanent; I said it&#039;s not over yet.&nbsp; Down the line, the costs of owning a home (maintenance, taxes, insurance, etc.) will surge as hyperinflation sets in.&nbsp; Yes, your mortgage payment and interest rate will presumably stay the same (but READ the small print), but &quot;other&quot; costs will swamp the owner on a fixed income or whose salary is not adequately inflation-adjusted.&nbsp; It ain&#039;t over, and the market could turn on a dime.</p><p><br /></p><p>The eventual release of huge numbers of foreclosures-in-process (most currently held off the market) will certainly work to the detriment of recent buyers, who bought in the temporarily-rising markets of 2012 to, say, 2014.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in