Originally Posted by 2legit2quit
well that's just crazy mike



how's a guy gonna retire with big bucks if his house he couldn't afford doesn't inflate in value?


have you never been to California?


Oh yeah. I have cousins there. I also used to live in Florida, but was fortunate enough to sell my house in '06 at peak.

I never could figure the logic of using a durable good that depreciates unless repaired as a retirement plan. Maybe if that property was rented and had some cash flow, yes, but a primary residence? Too much reliance on the greater fool theory.


If the American People allow private banks to control the issuance of their currency, first by inflation, then by deflation, the banks..., will deprive the People of all their Property,...Thomas Jefferson