tag:blogger.com,1999:blog-6164097862503299205.post5901414456703077482..comments2023-07-20T03:39:04.169-06:00Comments on A Peak Under The Hood: Used House or Used LexusA Peak Under The Hoodhttp://www.blogger.com/profile/16112422439840977596noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6164097862503299205.post-33262669977683412212011-03-23T06:29:39.432-06:002011-03-23T06:29:39.432-06:00in the next crash(with mainstreet hanging on by fi...in the next crash(with mainstreet hanging on by fingernails it will be the big one) housing goes even lower.....wayyy lower.<br /><br />geeez, maybe the mayan calender does know something.boatmanhttps://www.blogger.com/profile/12951618145166698522noreply@blogger.comtag:blogger.com,1999:blog-6164097862503299205.post-24993728750920883042011-03-22T09:12:04.863-06:002011-03-22T09:12:04.863-06:00I just can't see housing falling that much fur...I just can't see housing falling that much further from here. As you say, everything else has inflated (Gold, S&P, cars, food, etc.), so it's not consistent that housing has not participated in this inflation.<br /><br />At some point, the realization will come that hard-assets are important again, and with costs of ownership back below rental pricing in many markets, it makes sense for that hard asset to be a house.<br /><br />I'm not saying that everyone should buy a house, or even that housing is a good investment, but that in the inflationary environment yet to come, housing will be a decent place to put your money. 10 years from now, the markets could be higher or lower, gold could be higher or lower, but I'd be shocked if house prices were not at least modestly higher.Unknownhttps://www.blogger.com/profile/06607671899187218968noreply@blogger.com