[blahblahblah]

I dunno what to do.

Asking for personal advice from a weird group (and I include myself here) of housing-obsessed blog readers is probably not the best idea. Honestly, there are some real oddballs here. I, for example, LOST MONEY INVESTING IN GOLD LAST YEAR. I’d like to give you some advice, but I’d probably do more harm than good.

You’re making and saving good money anyway, you should be fine no matter what you do.

[blahblahblah]

I dunno what to do.

Asking for personal advice from a weird group (and I include myself here) of housing-obsessed blog readers is probably not the best idea. Honestly, there are some real oddballs here. I, for example, LOST MONEY INVESTING IN GOLD LAST YEAR. I’d like to give you some advice, but I’d probably do more harm than good.

You’re making and saving good money anyway, you should be fine no matter what you do.

[blahblahblah]

I dunno what to do.

Asking for personal advice from a weird group (and I include myself here) of housing-obsessed blog readers is probably not the best idea. Honestly, there are some real oddballs here. I, for example, LOST MONEY INVESTING IN GOLD LAST YEAR. I’d like to give you some advice, but I’d probably do more harm than good.

You’re making and saving good money anyway, you should be fine no matter what you do.

[blahblahblah]

I dunno what to do.

Asking for personal advice from a weird group (and I include myself here) of housing-obsessed blog readers is probably not the best idea. Honestly, there are some real oddballs here. I, for example, LOST MONEY INVESTING IN GOLD LAST YEAR. I’d like to give you some advice, but I’d probably do more harm than good.

You’re making and saving good money anyway, you should be fine no matter what you do.

[blahblahblah]

There are only so many wealthy people, so many foreign buyers, so many $300K+ households, etc… Sooner or later the supply is bound to outstrip them in number, and sellers will have to deal with us ordinary schlubs if they want to sell their houses at all.

[blahblahblah]

There are only so many wealthy people, so many foreign buyers, so many $300K+ households, etc… Sooner or later the supply is bound to outstrip them in number, and sellers will have to deal with us ordinary schlubs if they want to sell their houses at all.

[blahblahblah]

There are only so many wealthy people, so many foreign buyers, so many $300K+ households, etc… Sooner or later the supply is bound to outstrip them in number, and sellers will have to deal with us ordinary schlubs if they want to sell their houses at all.

[blahblahblah]

There are only so many wealthy people, so many foreign buyers, so many $300K+ households, etc… Sooner or later the supply is bound to outstrip them in number, and sellers will have to deal with us ordinary schlubs if they want to sell their houses at all.

[blahblahblah]

There are only so many wealthy people, so many foreign buyers, so many $300K+ households, etc… Sooner or later the supply is bound to outstrip them in number, and sellers will have to deal with us ordinary schlubs if they want to sell their houses at all.

[blahblahblah]

Interesting how my perceived “smug” attitude is even noticed above the constantly “obnoxious” attitude of those who rail against San Diego homeowners on a daily basis.

I don’t see much, if any railing against SD homeowners on this board. I do see plenty of anger directed at greedy speculators, no-money-down wannabees and cry-babies asking for government handouts or walking away from their 110%LTV loans. A lot of us are probably envious of those who were smart or lucky enough to move here a long time ago, though! I’ll admit that I am a little bit…

[blahblahblah]

Interesting how my perceived “smug” attitude is even noticed above the constantly “obnoxious” attitude of those who rail against San Diego homeowners on a daily basis.

I don’t see much, if any railing against SD homeowners on this board. I do see plenty of anger directed at greedy speculators, no-money-down wannabees and cry-babies asking for government handouts or walking away from their 110%LTV loans. A lot of us are probably envious of those who were smart or lucky enough to move here a long time ago, though! I’ll admit that I am a little bit…

[blahblahblah]

Interesting how my perceived “smug” attitude is even noticed above the constantly “obnoxious” attitude of those who rail against San Diego homeowners on a daily basis.

I don’t see much, if any railing against SD homeowners on this board. I do see plenty of anger directed at greedy speculators, no-money-down wannabees and cry-babies asking for government handouts or walking away from their 110%LTV loans. A lot of us are probably envious of those who were smart or lucky enough to move here a long time ago, though! I’ll admit that I am a little bit…

[blahblahblah]

Interesting how my perceived “smug” attitude is even noticed above the constantly “obnoxious” attitude of those who rail against San Diego homeowners on a daily basis.

I don’t see much, if any railing against SD homeowners on this board. I do see plenty of anger directed at greedy speculators, no-money-down wannabees and cry-babies asking for government handouts or walking away from their 110%LTV loans. A lot of us are probably envious of those who were smart or lucky enough to move here a long time ago, though! I’ll admit that I am a little bit…

[blahblahblah]

Interesting how my perceived “smug” attitude is even noticed above the constantly “obnoxious” attitude of those who rail against San Diego homeowners on a daily basis.

I don’t see much, if any railing against SD homeowners on this board. I do see plenty of anger directed at greedy speculators, no-money-down wannabees and cry-babies asking for government handouts or walking away from their 110%LTV loans. A lot of us are probably envious of those who were smart or lucky enough to move here a long time ago, though! I’ll admit that I am a little bit…

[blahblahblah]

Get that out of your head right now because is completely wrong.

I hope you’re right. Still, there are two possible ways this can play out — inflationary or deflationary. Right now it is headed towards the deflationary scenario with each fed rate cut. But an inflationary scenario is always possible. Remember that salaries increase only nominally in an inflationary environment, and that companies will be receiving inflated nominal values for their products as well. In a high-inflation environment, salaries and prices can be constant or even decreasing in real terms. Inflation is an easy and ever-popular way for governments to get rid of debt, by reducing the value of the currency the debt is denominated in. That’s why I’m so suspicious that the guys running the show will choose that old favorite from the playbook…

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