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Still Doin Time
Join Date: Nov 2004
Location: Nokesville, Va.
Posts: 8,225
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Quote:
Originally Posted by Porchdog
Residential real estate values are always location dependant, but...
The Fed is doing whatever it takes to keep residential values high. That means (in my opinion) we still have way to many people over extended in real estate.
So I think the Fed is going to continue to try to keep values as a whole rising with inflation. When they lose their grip (the baby boomer generation is inexorably leaving the market, slowly now, but that trend needs to increase) prices will collapse again.
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JYL - basically this ^^^^^
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'15 Dodge - 'Dango R/T Hauls groceries and Kinda Hauls *ss
'07 Jeep SRT-8 - Hauls groceries and Hauls *ss Sold
'85 Guards Red Targa - Almost finished after 17 years
'95 Road King w/117ci - No time to ride, see above
'77 Sportster Pro-Street Drag Bike w/93ci - Sold
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