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Message Subject BOOM: HOUSING STARTS DESTROY EXPECTATIONS AT 894K (Analysts expected 840K annualized down from 872K)
Poster Handle Anonymous Coward
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Correction- not just "idiots" rent so do those of us who are poor and can't afford to buy a house! And not for nothing but I thought I read that during hyperinflation its the food prices that rise but housing prices become extraordinarily cheap and it's not until the recovery they skyrocket so the best time to buy is when hyperinflation is the worst.
 Quoting: Anonymous Coward 11384760


With foreclosures at 10's of thousands... almost anyone can afford a house... Food will go up the fastest, however housing will skyrocket as well. Look at Weimar Republic Germany... In addition if the economy goes south, renters will get kicked out of their apts and a much quicker rate than homeowners- just sayin...
 
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