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It seems to me, that with all of the tax dollars that we taxpayers are graciously offering to banks and financiers in the form of 'government' bailouts, we are simply diluting the dollar more and more, which equals inflation.  Now that we are all inflated, and soon we will inflate even more, with the 'governments' expected creation of jobs for needy citizens, whose earnings will be paid again by taxpayers, the result can only be additional inflation due to further dilution of total dollars in circulation.

It then seems that today's prices for any real estate are unbelievably low, in view of the certitude of drastically increasing inflation just down the road.

So, isn't it time to start buying, at whatever asking price?

 

4 Comments on Real Estate Bubble

JAN
25
2009

- interest rates sure makes it more appealing for home buyers & owners considering refinancing and should motivate them. In the article Time to Get Off the Fence and Into a Home, the same message comes in an article from NYTimes.com offered by Your Money. Another source with this message was from Smart Money, Time to refinance -- or buy a home? Good information to pass on to our buyers.

Best wishes for 2009!

Trey Affolter

http://www.treysellshouses.com

11:27am • #1
211,928 Points 4 Featured Posts Outside Blog

The deals are out there, that's for sure.  But my understanding is that some of the lenders are being particularly tight with the money.  Even for those with solid credit and all the necessary documentation.

1:03pm • #2
FEB
02
2009
105,022 Points 1 Featured Post Localism Sponsor

We just refinanced our primary residence and it was the hardest one we have done so far and that was credit scores in the 800's..

6:02pm • #3
MAY
02
2009

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Robert Monk Florida Real Estate

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