Proshares UltraShort Real Estate (SRS)

[punk153]

The only reason why housing prices have stabalized short-term is because the banks of which own 80% of the US market have haulted foreclosures on homes.

And the only reason why house prices won't collapse in the long-term is because the government is devaluing the US dollar so the major banks don't take a hit. Home prices ARE being devalued by the fall in the dollar. Food produce inflation was in the double digits in the month of September alone. Cotton, coffee and cocoa had similar inflation numbers in the month of September as well.

The dollar is soon to be worthless. Global countries are in a race to see who can devalue their currency the fastest. This talk about 'stimulus money' is false. The printed money only supports false GDP numbers. The only reason why the US economy isn't showing monthly contraction numbers is because of this stimulus money that has been poured into the US economy. Anyone who thinks this is good better take a hard look at how much their living expenses rise month to month in the next year.