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I drink your milkshake! a metaphor for capitalism
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<blockquote data-quote="1989" data-source="post: 3882474" data-attributes="member: 10280"><p>I am not totally disagreeing with you. 2012 had some of the lowest rates and much, much lower prices. But there is a bigger picture. I cannot get top dollar for a house with 1974 decor. I may not even be able to sale at all at a reasonable price. </p><p></p><p>Rising rates will slow down sales and pricing, but over time they will level out. Just as it took time for low rates to get rid of excess inventory. Bottom line is that it doesn’t matter as long as you can afford what you buy. Compare your cost to the cost of renting a similar property.</p></blockquote><p></p>
[QUOTE="1989, post: 3882474, member: 10280"] I am not totally disagreeing with you. 2012 had some of the lowest rates and much, much lower prices. But there is a bigger picture. I cannot get top dollar for a house with 1974 decor. I may not even be able to sale at all at a reasonable price. Rising rates will slow down sales and pricing, but over time they will level out. Just as it took time for low rates to get rid of excess inventory. Bottom line is that it doesn’t matter as long as you can afford what you buy. Compare your cost to the cost of renting a similar property. [/QUOTE]
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I drink your milkshake! a metaphor for capitalism
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