Economists who focus on larger trends, the so-called macro-economists, have rightly pointed out that housing markets in the past haven’t been very sensitive to fluctuations in interest rates. For example, during the 1970s, interest rates rose significantly, which should have caused house prices to drop, but instead California inflated a housing bubble. During the crash from the bubble in the 1990s, interest rates declined, and so did prices. The same has been true of the Great Housing Bubble.
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Hey Roberto...? I haven't heard from WAR on here lateley? You know the guy who would continually repeat that " Real estate is Always a depreciating asset" Real esate is ALWAYS a depreciating value, Don't buy, don't buy! Renting is the answer..Renting is the answer!!depsite the proof of income producing properties, fantastic cash flow, tax savings, apprecating values, 20-30% in the last year in most Metropolitan areas, Cash flow for retirements, shelter and now again another RE boom? Where is WAR now? WAR? Have you come around to see the truth yet? Has your rent gone up yet WAR? Or did the landlord decide to sell and take advantage of his "DEPRECIATING ASSET? Have you checked the prices of rentals? Renting is now an APPRECIATING asset..for the landlord that is!
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