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March 14, 2009

The Value and Prices of Houses in the Future

The value of the houses isn`t going to rise but the price will rise. I mean at some point there will be so much inflation in this country that even home prices will go up, stock prices will go up. Proces for everything will go up.

It is my feeling that that the prices for houses will rise more slowly then the prices for other goods like food, energy. even if your house is going up in price its relative value will be less. You won`t be any richer because you own a more expensive house, because your cost of living will be going up faster.
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