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Vandalayind

01/12/22 7:42 AM

#350989 RE: Ferda #350987

Land actually. I was not lying wheb I sold my house.

You can see the mortgage forebearance programs endong already bumping supply up. There are more builders with developments and houses for sale than you can shake a stick at.

Stay tuned. I was also in construction in 08, and I'm getting deja vu
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Vandalayind

01/12/22 7:45 AM

#350990 RE: Ferda #350987

Maybe you are just not looking in a marekt where investors have been deploying money.

Look at the "hot" housing markets. Houses for sale everywhere. You just pick them out of a magazine...if you have the dough.
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Vandalayind

01/12/22 7:58 AM

#350992 RE: Ferda #350987

Let me ask you this.

Why does everyone fear runaway inflation? Why is it bad?

What early warning signs would you look for that inflation is getting bad?

No one can afford a house?

No one can afford their student loans?

People financing car for 7 years?

A 20% unheard of increase in housing COSTS. The only way it is a gain, is if you sell it.

A country making bitcoin a national currency?

Only in this world can buying inflated tech. stock be seen as a way to fight inflation.

Doesn't anyone get it. You are NOT hedging. You ARE BUYING inflation, when all the world can talk about is deflation.

China came in at 1.5% and we are projecting 7%. Is anyone surprised why their market has reset and their inflation is low and ours hasn't?

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Vandalayind

01/12/22 8:01 AM

#350993 RE: Ferda #350987

China's market reset 30% or whatever...

Their real estate is more affordable by the day. Their inflation is only 1.5%, and they are actively breaking up their tech. giants.

And the clock just keeps spinning. No chinese world end. Just people who paid too much lost equity.

We need nothing short of what has already happened in China