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when money doesn’t hold its value.
That's something I keep coming to terms with in my mind and took a long time to sink in. It's not that home prices are increasing, just that cash money's value is constantly decreasing.
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when money doesn’t hold its value.
That's something I keep coming to terms with in my mind and took a long time to sink in. It's not that home prices are increasing, just that cash money's value is constantly decreasing.
I wouldn’t say encouraged. I would say duped by artificially low interest rates to buy a ‘fail-safe’ property.
I do agree that homes shouldn’t be so expensive but it’s to be expected when money doesn’t hold its value.