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Originally Posted by JBmurc
the "Shamub sign" house prices to decline now LOL
Now I'm more inclined to buy something. I didn't think Shamubeel was right when he wasn't buying. In theory renting is cheaper but inflation will always change that over time. Rents go up house prices go up but your house price purchase is in todays dollars and even your mortgage gets easier to deal with as wages rise. That's the game and I suppose that is why deflation is apparently bad because everyone is playing the game, central banks are obliged to keep it going as to stop now would be disastrous. I wonder if there is an end to continuous growth. The planets ability to provide for more and more humans could be tested eventually but that could take more than my lifetime.
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