Replies

To: Alberta's Child

In a deflationary spiral the last thing you want to have is a mortgage.

So housing will crash too. I will be able to by a one time million dollar mansion for 100K?

13 posted on 01/15/2015 7:08:31 PM PST by central_va (I won't be reconstructed and I do not give a damn.)

To: central_va

Maybe. But you won’t be earning enough money to afford the home when it costs $100,000 anyway.

15 posted on 01/15/2015 7:10:16 PM PST by Alberta's Child ("It doesn't work for me. I gotta have more cowbell!")

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794