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Economics question, inflation
Was talking to some people who stated that with inflation the value of homes in the US will rise. It seemed to me that with rising costs of food and fuel and with rising interest rates, all of this will diminish demand for homes, or at least reduce the ability to pay for them, so will reduce sales prices, and therefore values. But I am not an economist... Opinions?
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1998 C230 330,000 miles (currently dead of second failed EIS, yours will fail too, turning you into the dealer's personal human cash machine)
1988 F150 144,000 miles (leaks all the colors of the rainbow)
Previous stars: 1981 Brava 210,000 miles, 1978 128 150,000 miles, 1977 B200 Van 175,000 miles, 1972 Vega (great, if rusty, car), 1972 Celica, 1986.5 Supra
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02-17-2011, 12:16 PM
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