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December 5, 2008 at 12:36 AM #14572December 5, 2008 at 9:39 AM #311784carlsbadworkerParticipant
Your dollar with buy the same amount of house, but foreigners will come to have a bidding war with you on that house. I am diversified into foreign currency (although not part of my DP). I did that almost two years ago, and I think it might be too late to do that now. But who knows…
December 5, 2008 at 9:39 AM #312142carlsbadworkerParticipantYour dollar with buy the same amount of house, but foreigners will come to have a bidding war with you on that house. I am diversified into foreign currency (although not part of my DP). I did that almost two years ago, and I think it might be too late to do that now. But who knows…
December 5, 2008 at 9:39 AM #312260carlsbadworkerParticipantYour dollar with buy the same amount of house, but foreigners will come to have a bidding war with you on that house. I am diversified into foreign currency (although not part of my DP). I did that almost two years ago, and I think it might be too late to do that now. But who knows…
December 5, 2008 at 9:39 AM #312194carlsbadworkerParticipantYour dollar with buy the same amount of house, but foreigners will come to have a bidding war with you on that house. I am diversified into foreign currency (although not part of my DP). I did that almost two years ago, and I think it might be too late to do that now. But who knows…
December 5, 2008 at 9:39 AM #312172carlsbadworkerParticipantYour dollar with buy the same amount of house, but foreigners will come to have a bidding war with you on that house. I am diversified into foreign currency (although not part of my DP). I did that almost two years ago, and I think it might be too late to do that now. But who knows…
December 5, 2008 at 10:04 AM #312214peterbParticipantDont look now, but your US$’s are busy kicking the worlds butt. This will probably persist for some time as we’re in a deflationary cycle. Unemployment is rising and the stock market lost $30T in 2008. Hedge funds are liquidating into US$. Turns out that without credit, the US$ is kinda hard to get actually. Even tougher if you’re unemployed.
The only thing going against you is the complete idiots in Washington trying to get inflation back. But that could take these morons a while as they’re about the stupidist people on the planet.
December 5, 2008 at 10:04 AM #312280peterbParticipantDont look now, but your US$’s are busy kicking the worlds butt. This will probably persist for some time as we’re in a deflationary cycle. Unemployment is rising and the stock market lost $30T in 2008. Hedge funds are liquidating into US$. Turns out that without credit, the US$ is kinda hard to get actually. Even tougher if you’re unemployed.
The only thing going against you is the complete idiots in Washington trying to get inflation back. But that could take these morons a while as they’re about the stupidist people on the planet.
December 5, 2008 at 10:04 AM #312191peterbParticipantDont look now, but your US$’s are busy kicking the worlds butt. This will probably persist for some time as we’re in a deflationary cycle. Unemployment is rising and the stock market lost $30T in 2008. Hedge funds are liquidating into US$. Turns out that without credit, the US$ is kinda hard to get actually. Even tougher if you’re unemployed.
The only thing going against you is the complete idiots in Washington trying to get inflation back. But that could take these morons a while as they’re about the stupidist people on the planet.
December 5, 2008 at 10:04 AM #312161peterbParticipantDont look now, but your US$’s are busy kicking the worlds butt. This will probably persist for some time as we’re in a deflationary cycle. Unemployment is rising and the stock market lost $30T in 2008. Hedge funds are liquidating into US$. Turns out that without credit, the US$ is kinda hard to get actually. Even tougher if you’re unemployed.
The only thing going against you is the complete idiots in Washington trying to get inflation back. But that could take these morons a while as they’re about the stupidist people on the planet.
December 5, 2008 at 10:04 AM #311804peterbParticipantDont look now, but your US$’s are busy kicking the worlds butt. This will probably persist for some time as we’re in a deflationary cycle. Unemployment is rising and the stock market lost $30T in 2008. Hedge funds are liquidating into US$. Turns out that without credit, the US$ is kinda hard to get actually. Even tougher if you’re unemployed.
The only thing going against you is the complete idiots in Washington trying to get inflation back. But that could take these morons a while as they’re about the stupidist people on the planet.
December 5, 2008 at 10:14 AM #312171EugeneParticipantDollar can collapse in different ways. There’s no single answer to your question.
Weak dollar will mean higher prices on imported stuff, such as oil. There’s less income available for housing – prices go down. On the other hand, weak dollar stimulates exports and leads to higher wages and employment in export-oriented industries (you could say that a lot of high-tech in San Diego is export-oriented). Then there’s an issue of interest rates, which may go up or down, and an issue of wealth (where do high-end buyers keep their downpayment savings?)
And, like carlsbadworker says, there will be foreigners coming and bidding on houses. But that should only be a factor in oceanfront areas.
If the dollar weakens because the government starts printing money to stimulate the economy, that will increase wages of groups being stimulated.
I think that the short-term response would be down, long-term there are too many uncertanties.
I think th
December 5, 2008 at 10:14 AM #312202EugeneParticipantDollar can collapse in different ways. There’s no single answer to your question.
Weak dollar will mean higher prices on imported stuff, such as oil. There’s less income available for housing – prices go down. On the other hand, weak dollar stimulates exports and leads to higher wages and employment in export-oriented industries (you could say that a lot of high-tech in San Diego is export-oriented). Then there’s an issue of interest rates, which may go up or down, and an issue of wealth (where do high-end buyers keep their downpayment savings?)
And, like carlsbadworker says, there will be foreigners coming and bidding on houses. But that should only be a factor in oceanfront areas.
If the dollar weakens because the government starts printing money to stimulate the economy, that will increase wages of groups being stimulated.
I think that the short-term response would be down, long-term there are too many uncertanties.
I think th
December 5, 2008 at 10:14 AM #312224EugeneParticipantDollar can collapse in different ways. There’s no single answer to your question.
Weak dollar will mean higher prices on imported stuff, such as oil. There’s less income available for housing – prices go down. On the other hand, weak dollar stimulates exports and leads to higher wages and employment in export-oriented industries (you could say that a lot of high-tech in San Diego is export-oriented). Then there’s an issue of interest rates, which may go up or down, and an issue of wealth (where do high-end buyers keep their downpayment savings?)
And, like carlsbadworker says, there will be foreigners coming and bidding on houses. But that should only be a factor in oceanfront areas.
If the dollar weakens because the government starts printing money to stimulate the economy, that will increase wages of groups being stimulated.
I think that the short-term response would be down, long-term there are too many uncertanties.
I think th
December 5, 2008 at 10:14 AM #311814EugeneParticipantDollar can collapse in different ways. There’s no single answer to your question.
Weak dollar will mean higher prices on imported stuff, such as oil. There’s less income available for housing – prices go down. On the other hand, weak dollar stimulates exports and leads to higher wages and employment in export-oriented industries (you could say that a lot of high-tech in San Diego is export-oriented). Then there’s an issue of interest rates, which may go up or down, and an issue of wealth (where do high-end buyers keep their downpayment savings?)
And, like carlsbadworker says, there will be foreigners coming and bidding on houses. But that should only be a factor in oceanfront areas.
If the dollar weakens because the government starts printing money to stimulate the economy, that will increase wages of groups being stimulated.
I think that the short-term response would be down, long-term there are too many uncertanties.
I think th
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