[gold_dredger_phd]

How long are you going to be living here? It’s a good place, but buying now would be like catching a falling knife. I bought into a 3000 square foot house in 2002 for $715K and sold my portion of it later.

The peak was in 2005 or 2006 depending on who you ask and what neighborhood it was in.

Real estate cycles are 16 to 20 years and the trough will still be a few years away.

I would save the Euros since the dollar, and housing prices in the US, have further to fall.

[gold_dredger_phd]

How long are you going to be living here? It’s a good place, but buying now would be like catching a falling knife. I bought into a 3000 square foot house in 2002 for $715K and sold my portion of it later.

The peak was in 2005 or 2006 depending on who you ask and what neighborhood it was in.

Real estate cycles are 16 to 20 years and the trough will still be a few years away.

I would save the Euros since the dollar, and housing prices in the US, have further to fall.

[gold_dredger_phd]

How long are you going to be living here? It’s a good place, but buying now would be like catching a falling knife. I bought into a 3000 square foot house in 2002 for $715K and sold my portion of it later.

The peak was in 2005 or 2006 depending on who you ask and what neighborhood it was in.

Real estate cycles are 16 to 20 years and the trough will still be a few years away.

I would save the Euros since the dollar, and housing prices in the US, have further to fall.

[gold_dredger_phd]

How long are you going to be living here? It’s a good place, but buying now would be like catching a falling knife. I bought into a 3000 square foot house in 2002 for $715K and sold my portion of it later.

The peak was in 2005 or 2006 depending on who you ask and what neighborhood it was in.

Real estate cycles are 16 to 20 years and the trough will still be a few years away.

I would save the Euros since the dollar, and housing prices in the US, have further to fall.

[gold_dredger_phd]

The Chinese sell us leaded toys and we sell them toxic financial products. A match made in heaven.

The US will have a more hour-glass-style society where there will be no middle class, just a bunch of wealthy people living behind barbed wire and the rest of us in shanty towns, I mean, McShantyTowns.

[gold_dredger_phd]

The Chinese sell us leaded toys and we sell them toxic financial products. A match made in heaven.

The US will have a more hour-glass-style society where there will be no middle class, just a bunch of wealthy people living behind barbed wire and the rest of us in shanty towns, I mean, McShantyTowns.

[gold_dredger_phd]

The Chinese sell us leaded toys and we sell them toxic financial products. A match made in heaven.

The US will have a more hour-glass-style society where there will be no middle class, just a bunch of wealthy people living behind barbed wire and the rest of us in shanty towns, I mean, McShantyTowns.

[gold_dredger_phd]

The Chinese sell us leaded toys and we sell them toxic financial products. A match made in heaven.

The US will have a more hour-glass-style society where there will be no middle class, just a bunch of wealthy people living behind barbed wire and the rest of us in shanty towns, I mean, McShantyTowns.

[gold_dredger_phd]

We need cheap, illegal immigrant labor because businesses do not want to give pay increases to attract native workers. If they cannot stay in business without the illegal immigrants, then they should just move the plant to Mexico or the Phillipines or wherever.

Cheap labor is necessary so Wall Street does not have to contend with wage inflation, which is real inflation, not when asset bubbles happen.

[gold_dredger_phd]

We need cheap, illegal immigrant labor because businesses do not want to give pay increases to attract native workers. If they cannot stay in business without the illegal immigrants, then they should just move the plant to Mexico or the Phillipines or wherever.

Cheap labor is necessary so Wall Street does not have to contend with wage inflation, which is real inflation, not when asset bubbles happen.

[gold_dredger_phd]

We need cheap, illegal immigrant labor because businesses do not want to give pay increases to attract native workers. If they cannot stay in business without the illegal immigrants, then they should just move the plant to Mexico or the Phillipines or wherever.

Cheap labor is necessary so Wall Street does not have to contend with wage inflation, which is real inflation, not when asset bubbles happen.

[gold_dredger_phd]

We need cheap, illegal immigrant labor because businesses do not want to give pay increases to attract native workers. If they cannot stay in business without the illegal immigrants, then they should just move the plant to Mexico or the Phillipines or wherever.

Cheap labor is necessary so Wall Street does not have to contend with wage inflation, which is real inflation, not when asset bubbles happen.

[gold_dredger_phd]

It dropped even more in terms of Euros. I should have taken my own advice and ditched my US holdings and put them in Euros or pounds.

The house that I helped to buy in 2002 did not go up in price if it was measured in Euros.

Thank Alan Greenspan for this mess.

[gold_dredger_phd]

It dropped even more in terms of Euros. I should have taken my own advice and ditched my US holdings and put them in Euros or pounds.

The house that I helped to buy in 2002 did not go up in price if it was measured in Euros.

Thank Alan Greenspan for this mess.

[gold_dredger_phd]

It dropped even more in terms of Euros. I should have taken my own advice and ditched my US holdings and put them in Euros or pounds.

The house that I helped to buy in 2002 did not go up in price if it was measured in Euros.

Thank Alan Greenspan for this mess.

[Author]

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