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| state university, bfg10k, wallpapers, 1995, hillarycarlip, r.d. reid, fick, incest, whois, kathleen miller, photography, chappelle'sshow, evil thatcher, regional internet registry, larry david, cd musicpromotion, tupac tu, nude, tamil, | Even if the average Joe waits until he's lo ming ready to sell the house, he's still got to go live somewhere else. If he's buying a replacement house, that home has increased in price right along with average Joe's house lo ming in most cases. If he's going into a rental, rents have increased over time also. And if he's going to some retirement community, he's probably looking at surrendering his net assets just to cover the costs of entering the community. "Illegitimi lo ming Non Carborundum" [ ...reply just to this | comment on the story... | next new ] 64. Re: It's just a correction. by xornand at Wed 31 Aug 2:15pmscore of 1.5 interesting in reply to comment 25 "average Joes" will never get rich off of their home price inflation Of course not. But as you point out, some take money out of their inflated equity. |
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| However, in addition to stock market wallpapers returns being stagnant, interest rates have been very low, and dividends low. I don't know how they're making their money. Average Joes are making wallpapers it from home price inflation. Everyone is in denial about something. [ ...reply just to this | comment on the story... | next new ] 25. Re: It's just a correction. by MAYORBOB at Wed 31 Aug 10:38amscore of 2.5 interesting in reply wallpapers to comment 23 I would contend that "average Joes" will never get rich off of their home price inflation. That's because, while their home might double in value over time, until the home owner is selling the house, that part of his net worth is not terribly liquid. He or she might take out a home equity loan to get some of that money out of the house, but then they're stuck paying that money back over time, plus the interest. |
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