[RDeNiro]

I keep hearing comments about deflation. Pardon my ignorance. The way I understand it, the more money printed the less value it has. Hence, cost of things and services increases. Why would there be deflation? Where is the money going???

[RDeNiro]

I keep hearing comments about deflation. Pardon my ignorance. The way I understand it, the more money printed the less value it has. Hence, cost of things and services increases. Why would there be deflation? Where is the money going???

[RDeNiro]

I keep hearing comments about deflation. Pardon my ignorance. The way I understand it, the more money printed the less value it has. Hence, cost of things and services increases. Why would there be deflation? Where is the money going???

[RDeNiro]

I keep hearing comments about deflation. Pardon my ignorance. The way I understand it, the more money printed the less value it has. Hence, cost of things and services increases. Why would there be deflation? Where is the money going???

[RDeNiro]

I keep hearing comments about deflation. Pardon my ignorance. The way I understand it, the more money printed the less value it has. Hence, cost of things and services increases. Why would there be deflation? Where is the money going???

[RDeNiro]

I just read crash proof. I’m still digesting the info on the book. What Schiff says makes sense. But I can’t but see his arguments too simplistic. I think he is missing part of the picture. Some type of government bail out, maybe not from the US, but from the asian governments. If the value of the dollar colapses, the inflation will bring the fundamentals up dramatically. But interest rates will be so high that people with their $500k houses will be better off (if they locked their interest at 6%)

[RDeNiro]

I just read crash proof. I’m still digesting the info on the book. What Schiff says makes sense. But I can’t but see his arguments too simplistic. I think he is missing part of the picture. Some type of government bail out, maybe not from the US, but from the asian governments. If the value of the dollar colapses, the inflation will bring the fundamentals up dramatically. But interest rates will be so high that people with their $500k houses will be better off (if they locked their interest at 6%)

[RDeNiro]

I just read crash proof. I’m still digesting the info on the book. What Schiff says makes sense. But I can’t but see his arguments too simplistic. I think he is missing part of the picture. Some type of government bail out, maybe not from the US, but from the asian governments. If the value of the dollar colapses, the inflation will bring the fundamentals up dramatically. But interest rates will be so high that people with their $500k houses will be better off (if they locked their interest at 6%)

[RDeNiro]

I just read crash proof. I’m still digesting the info on the book. What Schiff says makes sense. But I can’t but see his arguments too simplistic. I think he is missing part of the picture. Some type of government bail out, maybe not from the US, but from the asian governments. If the value of the dollar colapses, the inflation will bring the fundamentals up dramatically. But interest rates will be so high that people with their $500k houses will be better off (if they locked their interest at 6%)

[RDeNiro]

I just read crash proof. I’m still digesting the info on the book. What Schiff says makes sense. But I can’t but see his arguments too simplistic. I think he is missing part of the picture. Some type of government bail out, maybe not from the US, but from the asian governments. If the value of the dollar colapses, the inflation will bring the fundamentals up dramatically. But interest rates will be so high that people with their $500k houses will be better off (if they locked their interest at 6%)

[RDeNiro]

I dont’ think you can see houses as a commodity. Maybe the materials to build it but not the land. I think inflation plays a role in the increase in property values but we also need to consider the excessive money supply during this period.

[RDeNiro]

Exactly, I’ll save the money for a down payment for when properties are $50k to $100k cheaper. But you see these types of headlines and star to worry. I know I made a mistake buying at the peak of the market. I would hate to make another selling at the bottom.

[RDeNiro]

I had an interest only loan and didn’t see any appreciation any time soon. So I was basically paying $3,300 without gaining any equity ( not including tax savings of about $500). I could have probably rented the same property for about $2,200. Plus I felt I was risking too much. It wasn’t the property I wanted to stay in for a long time I didn’t want to get stuck with it. I see the posts in this website and agree with most of it. But in the back of my mind I want to be objective and not agree with you because of wishful thinking.

[RDeNiro]

I hope I’m not the dummest guy in San Diego

I just sold my condo in torrey highlands for $519k, bought close to the peak of the market at $575k on May 2005. I was lucky to have a big gain on my previous condo so I was able to break even from this sale. But if prices would have gone down another $20k, I could have had an upside loan. I hope I’m not making a mistake. I could have rented the property and waited for house prices to stabilize.

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