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Real Estate Values
I will be 64 this year, and it will soon be time to sell a rental and pay off my home mortgage. I've done the math, but there are a lot of variables. One is the expected selling price of my rental now, which is suddenly rather surprising. Another is the expected selling price in a year.
Lots of stimulus going out at a time when the economy is set to explode anyway. (don't PARF this up, guys) Inflation is a danger. (In a nearby forum, I started what I thought was an interesting discussion about Modern Monetary theory, and which didn't get PARF'd like I expected).
Today, there is not a sub-prime bubble similar to the one which developed in the early part of this century leading to a collapse. But what, really, are the dangers and expectations of the real estate industry over the next 12-18 months?
Go.
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Man of Carbon Fiber (stronger than steel)
Mocha 1978 911SC. "Coco"
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