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Tuesday, February 10, 2009 10:47:42 AM
Well we are still deflating. Technically as of right now housing prices should be roughly 10% lower then pre-bubble pricing.
I wouldn't purchase anything for at least another year.
Real estate should only be bought at the early stages of inflationary cycles
Edit: "Banks" know this too and that why loans are few and far between
I wouldn't purchase anything for at least another year.
Real estate should only be bought at the early stages of inflationary cycles
Edit: "Banks" know this too and that why loans are few and far between
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