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Saudi Arabia not renewing Petrodollar agreement…..
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<blockquote data-quote="vantexan" data-source="post: 5924492" data-attributes="member: 24302"><p>Certainly with inflation housing prices go up. My dad had his house built for about $20k in the mid-60's. Now it's worth close to $400k. </p><p></p><p>But my point earlier I believe is valid. We could soon be looking at a serious market correction. When we had high inflation in the 70's and 80's it was a different world. Young adults today don't have all of the opportunities that Boomers had. Something has to give somewhere. The run-up in the last couple of years isn't sustainable. When you run out of buyers....</p></blockquote><p></p>
[QUOTE="vantexan, post: 5924492, member: 24302"] Certainly with inflation housing prices go up. My dad had his house built for about $20k in the mid-60's. Now it's worth close to $400k. But my point earlier I believe is valid. We could soon be looking at a serious market correction. When we had high inflation in the 70's and 80's it was a different world. Young adults today don't have all of the opportunities that Boomers had. Something has to give somewhere. The run-up in the last couple of years isn't sustainable. When you run out of buyers.... [/QUOTE]
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