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littlefish

02/22/12 11:40 PM

#2561 RE: dickmilde #2560

Agree with you on the assets and what inflation/debt may continue to do to those people at the lower end of the middle over time.

One thing that strikes me right now is how expensive housing has become in some areas of SE Asia compared to here. Ten years ago (or even more so 15-20 years ago), houses over there were almost a fraction of the pricing over here. Not so any more.