steve keen an expert?, page-28

  1. 17,117 Posts.
    all us us pay down our debt, like our mortgage from day one...and without any other assistance the house rises in price, year after year....
    so chuck that theory in the bin...where it belongs

    he could have bought in the 70's, like most of us did...but no, he waited for a crash...
    just loving his theory
    house prices were below 20,000 in the 70's...then 135,000 in 1989, then 395,000 in 2006 when he went into the market..
    hehehe...we can have so much fun with his theory and actual life experience...
    now lets see what are his successes.....??????
    he should have paid off his home by now, so close to retirement....but no...
    is he an incredibly wealthy man....??? doubt it, with relying on cash, that deflates each year...
    forget it...
    its a nonsense
 
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