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Zeev Hed

06/28/03 6:11 PM

#124484 RE: Babylon #124482

Hey, the property will be by then ten times its current worth (assuming you 1/10 value). If you know major hyperinflation comes, debt at low interest rates backed by appreciating properties is the ticket. I for one, do not see any immediate threat of inflation, so don't rush to buy the next piece of inflated RE you see there.



Zeev
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augieboo

06/29/03 3:56 AM

#124516 RE: Babylon #124482

Babylon, how is it going to take 10 times the number of dollars to pay off a loan with a fixed interest rate?