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Old 08-25-2011, 04:13 PM  
Barry-xlovecam
It's 42
 
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Join Date: Jun 2010
Location: Global
Posts: 18,083
So, what would you propose to dispose of all of the properties that banks have repossessed without further deflating housing values further?

I really don't care personally as my property is paid for free and clear.

However, I would like a market where I could sell this property (purchased in 1994) with it's value at least about 50% more than I paid to cover inflation.

The interest and taxes I paid would be a complete loss ...

And this is how government steals your money without raising taxes ...

Staged recessions and inflation ...
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