Real estate peaked in 2006

[davelj]

[quote=4plexowner]”if prices appreciate by 4% annually”

is it really price appreciating or is it just the debasement of the currency in which the item is priced?

I suspect we will never see real estate reach the nominal prices (real purchasing power) that were reached in 2006

[/quote]

Regarding issue 1, take your pick. I’m talking about nominal pricing. Gotta be some debasement in there.

Regarding your last statement, I think you mean to say that “we will never see real estate reach the REAL prices that were reached in 2006.” “Nominal” doesn’t adjust for inflation. If we have high inflation we may see those 2006 nominal prices again sooner than we think. Unfortunately. And depending how old one is, you may be right regarding not seeing those real prices again in our lifetimes.

[4plexowner]

yes, davelj, I meant REAL prices

monetary debasement (oops, I mean inflation) makes all financial matters very complicated

George Ure (www. urbansurvival.com) was talking about analyzing a company’s financial statement – the company’s statement showed growth but, during the same time period, the govt reported inflation was over 11% so the company had actually SHRUNK in real terms

[4plexowner]

yes, davelj, I meant REAL prices

monetary debasement (oops, I mean inflation) makes all financial matters very complicated

George Ure (www. urbansurvival.com) was talking about analyzing a company’s financial statement – the company’s statement showed growth but, during the same time period, the govt reported inflation was over 11% so the company had actually SHRUNK in real terms

[4plexowner]

yes, davelj, I meant REAL prices

monetary debasement (oops, I mean inflation) makes all financial matters very complicated

George Ure (www. urbansurvival.com) was talking about analyzing a company’s financial statement – the company’s statement showed growth but, during the same time period, the govt reported inflation was over 11% so the company had actually SHRUNK in real terms

[4plexowner]

yes, davelj, I meant REAL prices

monetary debasement (oops, I mean inflation) makes all financial matters very complicated

George Ure (www. urbansurvival.com) was talking about analyzing a company’s financial statement – the company’s statement showed growth but, during the same time period, the govt reported inflation was over 11% so the company had actually SHRUNK in real terms

[4plexowner]

yes, davelj, I meant REAL prices

monetary debasement (oops, I mean inflation) makes all financial matters very complicated

George Ure (www. urbansurvival.com) was talking about analyzing a company’s financial statement – the company’s statement showed growth but, during the same time period, the govt reported inflation was over 11% so the company had actually SHRUNK in real terms

[Sandiagon]

I believe you can get 2006 prices (based on just dollar value) may be between 2013 and 2016. Dollar will depreciate or looses its buying power considerably in next three to four years. US treasury already printed 1 trillion dollars, couple weeks back to support bailout package. I believe US govt will take all steps to keep inflation 3 to 4% in next 10 years.

[Sandiagon]

I believe you can get 2006 prices (based on just dollar value) may be between 2013 and 2016. Dollar will depreciate or looses its buying power considerably in next three to four years. US treasury already printed 1 trillion dollars, couple weeks back to support bailout package. I believe US govt will take all steps to keep inflation 3 to 4% in next 10 years.

[Sandiagon]

I believe you can get 2006 prices (based on just dollar value) may be between 2013 and 2016. Dollar will depreciate or looses its buying power considerably in next three to four years. US treasury already printed 1 trillion dollars, couple weeks back to support bailout package. I believe US govt will take all steps to keep inflation 3 to 4% in next 10 years.

[Sandiagon]

I believe you can get 2006 prices (based on just dollar value) may be between 2013 and 2016. Dollar will depreciate or looses its buying power considerably in next three to four years. US treasury already printed 1 trillion dollars, couple weeks back to support bailout package. I believe US govt will take all steps to keep inflation 3 to 4% in next 10 years.

[Sandiagon]

I believe you can get 2006 prices (based on just dollar value) may be between 2013 and 2016. Dollar will depreciate or looses its buying power considerably in next three to four years. US treasury already printed 1 trillion dollars, couple weeks back to support bailout package. I believe US govt will take all steps to keep inflation 3 to 4% in next 10 years.

[Ren]

[quote=4plexowner]
I suspect we will never see real estate reach the nominal prices (real purchasing power) that were reached in 2006
[/quote]

We have a winner. We will never again see the real prices reached at the peak. And depending on the area the OP bought in, he may have bought uncomfortably close to the peak.

[Ren]

[quote=4plexowner]
I suspect we will never see real estate reach the nominal prices (real purchasing power) that were reached in 2006
[/quote]

We have a winner. We will never again see the real prices reached at the peak. And depending on the area the OP bought in, he may have bought uncomfortably close to the peak.

[Ren]

[quote=4plexowner]
I suspect we will never see real estate reach the nominal prices (real purchasing power) that were reached in 2006
[/quote]

We have a winner. We will never again see the real prices reached at the peak. And depending on the area the OP bought in, he may have bought uncomfortably close to the peak.

[Ren]

[quote=4plexowner]
I suspect we will never see real estate reach the nominal prices (real purchasing power) that were reached in 2006
[/quote]

We have a winner. We will never again see the real prices reached at the peak. And depending on the area the OP bought in, he may have bought uncomfortably close to the peak.

[Author]

Posts