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Seriously, im thinking wait out the recession and go from there, because right now prices are still too damn high

Seriously, im thinking wait out the recession and go from there, because right now prices are still too damn high

(post is archived)

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You have to understand that economic forces are immense.

Pressures to crash prices but also pressures to massively raise prices because we are in the beginning of an hyperinflation event.

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Pressure in my area pushed for heavy influx of California's with cash to buy and that they did. Whatever home was add 50k cash on top and it was gone same day as listing was that way for yr and half straight. Hyperinflation will crumble an area that gets this way ever 10 years. Colorado is known for tanking economic conditions every 10 years and so many lose there shit and kill themselves. I live in Mesa and it has the highest suicide rate in all of us for a reason.

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In the long run, housing prices are tied to wages, not inflation.

[–] 1 pt

Nope dead wrong. If you are capable of accepting being wrong ill showehyin this case