don't waste your time with property in 2010, page-9

  1. 17,117 Posts.
    ajay, over the past 20 years, which included the asian crisis, gas, oil other crisis....housing has been rising on average at 10% each and every year........

    people have adapted to the rises....its part of the parcel, just like inflation in every other living cost has risen,
    it becomes the norm

    why should today be any different.....

    when the median home is worth a million dollars, will that really be any different

    just think about it from a different angle....it really is just that your cash devalues.....buys less than it did yesterday

    in the past 100 years the dollar devalued by 95%...now worth only 5 cents for every dollar....
 
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