Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

The Coming Tsunami of Inflation
Yes, we are currently in the doldrums and the economy looks like it is going to collapse, especially if you listen to national newscasters.  After Bernanke stomped out the meteoric rise in house prices by jacking interest rates up to clamp off speculation, a downward spiral ensued of no new speculative buyers and honest-to-goodness owner-occupants unable to buy with interest-only or teaser rates on an ARM. This was followed by price reductions due to lack of demand and then no demand at all, since no one could or wanted to get a loan. 
Now, more than a year after that heavy hand of the Fed to quench inflation, we have an over-reaction to the dire situation we're in, but fortunately (depending on your point of view) mortgage loans are still extremely hard to get.  The promise of Presidential or Congressional stimulus will cure the low prices due to low demand and staggering unemployment, but will the cure eventually be worse than the disease?
At the rate money is being injected into the economy and the promise of more over-priming the pump, inflation threatens to tear the roof off our house of cards, starting in early 2010.  No one is worried about it ... more

__________________________________________________
Are you on The Rain? Grow Your Network!