With the way the Fed is printing money, what makes you think that prices are going down on ANYTHING? Some people think this is a deliberate currency devaluation.
Economist raises alarm over 'inevitable collapse' in US home prices
Discussion in 'Other News' started by Chinatown, Aug 23, 2021.
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LameMule, Studebaker Hawk, Dave_in_AZ and 1 other person Thank this.
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At this rate of spending there simply is no way the dollar can survive this decade. That sounds like exaggeration but it most certainly is not.
For those who disagree, please site when in human history a similar situation occurred but resulted in a “soft landing”.JonJon78, JC1971, clausland and 1 other person Thank this.
clausland Road Train Member
- Dec 5, 2014
What will happen is this government will ultimately collapse, and another country's government will step up and replace it. Any guesses which one will? I'll give you a hint, it starts with C...
Short Fuse EOD Road Train Member
- Jul 29, 2015
I sold my property and bought a brand new truck and brand new trailer. Once it crashes I’ll go ahead and build a place. Just got to be nimbleLameMule, xlsdraw and Midwest Trucker Thank this.
freebeertomorrow Heavy Load Member
i bought my house in early 08, right before everything got bad.
i weathered that storm and ill weather this one, too.
if 10% of what was said in 08 was true we'd already be speaking chinese. you guys are a bunch of drama queensBoostedTeg Thanks this.
LoneRanger Road Train Member
Housing market won’t crash. The gooberment won’t allow another 08.
The prices are a result of 4 years of good economic times and people exiting California, New York and other Democrap cities.
I for one sold my house in LA in 2017 and purchased in Vegas.
$400 less a month in payments and twice the house. In the best area possible. Now the value of my home is reaching $1 mill.
not bad for a high school drop out. To bad all that money is worthless.LameMule Thanks this.
WCA64T SFA Bobtail Member
Chinatown, you lived in TN for a time, right? What led to you leaving; TN is one of those states that have no personal income taxes, so we're you just seeking different scenery?
Tennessee does have high taxes on food at grocery stores, but Nevada doesn't tax food. Nevada does tax some meals at restaurants because that falls under 'entertainment tax', which most of those restaurants are in the casino and tourist areas.
skallagrime Road Train Member
Sorry, grew up in erie pa and started trucking in january in south bend, IN.
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