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Thread: More Americans than ever Plan to Buy a Home in the next 6 Months

  1. #31

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    Historically, the nominal prices of homes has followed the overall rate of price inflation.

    If you (anybody) are concerned about price inflation then why not borrow to purchase a home now when prices and interest rates are lower and the dollars you use to pay it back in the future will be worth less?
    I work for the Jewish National Democratic Council. They pay me $100,000 a year plus $100 a post. That is why almost all of my posts are on Israel and how great a country it is. Check my post history to verify this. My other goal is to shut down not just this site but the entire internet. I am more powerful than the NSA. I am a former British citizen currently working for MOSSAD. Or maybe it is the KGB/ FSB. I voted for Obama at least seventeen times.



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  3. #32

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    Quote Originally Posted by Zippyjuan View Post
    Historically, the nominal prices of homes has followed the overall rate of price inflation.

    If you (anybody) are concerned about price inflation then why not borrow to purchase a home now when prices and interest rates are lower and the dollars you use to pay it back in the future will be worth less?
    Because of the uncertainty surrounding property taxes, utilities, wages and household deductions. The first two are rising and it appears that they will trim household deductions further. A home isn't an asset any longer in certain regions, but rather a millstone tied around one's neck.
    Last edited by AuH20; 11-28-2012 at 01:34 PM.
    “There is nothing conservative about war. For at least the last century war has been the herald and handmaid of socialism and state control. It is the excuse for censorship, organized lying, regulation and taxation. It is paradise for the busybody and the nark. It damages family life and wounds the Church. It is, in short, the ally of everything summed up by the ugly word ‘progress.'” - Peter Hitchens

  4. #33

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    Quote Originally Posted by AuH20 View Post
    Because of the uncertainty surrounding property taxes, utilities, wages and household deductions. The first two are rising and it appears that they will trim household deductions further. A home isn't an asset any longer in certain regions, but rather a millstone tied around one's neck.
    Just to repeat- as a renter, you don't avoid any of those costs either.
    I work for the Jewish National Democratic Council. They pay me $100,000 a year plus $100 a post. That is why almost all of my posts are on Israel and how great a country it is. Check my post history to verify this. My other goal is to shut down not just this site but the entire internet. I am more powerful than the NSA. I am a former British citizen currently working for MOSSAD. Or maybe it is the KGB/ FSB. I voted for Obama at least seventeen times.

  5. #34

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    Good secondary top sheeple indicator.

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