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Dog-faced pony soldier
Join Date: Feb 2004
Location: A Rock Surrounded by a Whole lot of Water
Posts: 34,187
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I seriously doubt anyone is going to rent for $5k a month either. I pay around 20% of that amount and live comfortably and right on the beach. So what? I just keep tucking more and more money away every week/month as the deflation/crash continues. In 12-24 months people will be begging to sell those "$2M" homes for 25% of that, just to cut their losses.
Bide your time gentlemen, the crash is coming. A wise man will wait; a fool will buy now.
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A car, a 911, a motorbike and a few surfboards
Black Cars Matter
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