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Sure. Don't deny that. I just question the wisdom that on the long run this is healthy or sustainable to believe that houses are always appreaciating assets whe
by elzbardico 5y ago
Sure. Don't deny that. I just question the wisdom that on the long run this is healthy or sustainable to believe that houses are always appreaciating assets when usually gains come from asset price inflation not inherent value increase.
- LatteLazy 5y agoThe question is what we replace it with. One of the reasons we bailed everyone out in 2008 was because no one could convincingly sell a model other than keeping on the same as before...