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To: traviskicks
Inflated value would be the false perception that there is either less supply or more demand then actually exists, or unrealistic expectation that either one will occur in the future.

The perception is not false. It is the reality. The supply of dwellings is less than the demand. Real Estate does not succumb to the platitudes of "Free Market" theories that can be supposed upon commodities. Housing has complications, not the least of which are interest rates, the money supply and the long term effects of the deficit.

46 posted on 04/24/2005 12:28:51 PM PDT by elbucko
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To: elbucko

The supply of dwellings is less than the demand.
---

Yes, which is why prices are rising. I'm not sure what your getting at, I think we're going around in circles.

"Housing has complications, not the least of which are interest rates, the money supply and the long term effects of the deficit."

That may be, but it's not relevant to your argument that immigrants are unfairly increasing the price of housing. Unless you can prove that immigration has an effect on 'interest rates, the money supply, and the long term effect of the deficit.' Infact, I'd say they probably do have an impact on these things, but in a beneficial way (whatever that is).


57 posted on 04/24/2005 3:49:15 PM PDT by traviskicks (http://www.neoperspectives.com/foundingoftheunitedstates.htm)
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