When hyperinflation starts will the price of our homes go up or down? | |
Anonymous Coward User ID: 991392 United States 08/07/2010 11:40 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1049630 United States 08/07/2010 11:53 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 946464 United States 08/07/2010 11:55 PM Report Abusive Post Report Copyright Violation | With the dollar falling again it appears we're going to be looking at hyperinflation. If that's the case will home prices go up drastically? Quoting: Anonymous Coward 1012513I could see how commodities would go up but housing will stay flat if not comtinue to decline. |
Anonymous Coward User ID: 1031339 Canada 08/07/2010 11:57 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1059765 Australia 08/08/2010 12:04 AM Report Abusive Post Report Copyright Violation | |
WeAreWatchingYou User ID: 6533 United States 08/08/2010 12:04 AM Report Abusive Post Report Copyright Violation | With the dollar falling again it appears we're going to be looking at hyperinflation. If that's the case will home prices go up drastically? Quoting: Anonymous Coward 1012513They may go up but it wont mean anything because everything else will go up. Look at Zimbabwe a loaf of bread now costs 1.6 trillion dollars. [link to edition.cnn.com] So your house tipples or quadruples in price but so does your gas, food, living expenses, and everything else. Those that govern democracy, Nothing but lies and hypocrisy, Created by those who pretend to heal you, Bearers of the cross who try to control and conceal you, And they will die before it reveals to you, What you havent been programmed to see |
Anonymous Coward User ID: 1044531 United States 08/08/2010 12:11 AM Report Abusive Post Report Copyright Violation | Down for beige boxes, up for farms. Too much excess supply being hidden on the Fed's balance sheet. People can live in cardboard boxes but they have to eat. Quoting: Anonymous Coward 1049630All available money will go for food. +1 Depends on location. McMansions and tract houses will loose value - farms, large acreage and houses with an acre or more will hold value or increase slightly. When the dollar tanks, alot of people will be growing their own food (a few chickens and maybe a pig and goat or two). Property outside the city on an acre or larger will be very sought after. |
Anonymous Coward (OP) User ID: 1012513 United States 08/08/2010 02:11 AM Report Abusive Post Report Copyright Violation | |