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why that was nice
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<blockquote data-quote="Flipx99" data-source="post: 3602303" data-attributes="member: 562352"><p>No it's not. Deflation is worse than inflation. We base our economy on managed increases of the above (which consitute CPI)</p><p></p><p>Housing prices signal a problem in credit quality. The housing BS is the tip of the iceberg.</p><p></p><p>-------</p><p></p><p>The more comments I see, the more I hope housing does crash like you want it to. I would really like to see housing crash so ya'll would understand it ain't all grapes, flowers, and singing birds. If we see a 50% decline in the price of housing, growth will come to an essential halt. What the fvck good is it that you can buy 100 homes if there if no one can afford to live in them, or worse yet, there is no one there to lend you the money because of the fear of undercapitalization.</p></blockquote><p></p>
[QUOTE="Flipx99, post: 3602303, member: 562352"] No it's not. Deflation is worse than inflation. We base our economy on managed increases of the above (which consitute CPI) Housing prices signal a problem in credit quality. The housing BS is the tip of the iceberg. ------- The more comments I see, the more I hope housing does crash like you want it to. I would really like to see housing crash so ya'll would understand it ain't all grapes, flowers, and singing birds. If we see a 50% decline in the price of housing, growth will come to an essential halt. What the fvck good is it that you can buy 100 homes if there if no one can afford to live in them, or worse yet, there is no one there to lend you the money because of the fear of undercapitalization. [/QUOTE]
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