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S. Y.
Neil McCoy-Ward
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Comments by "S. Y." (@synewparadigm) on "What Causes Housing Crashes (Step By Step Guide)" video.
At least this time we received something from the government.
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Answer is simple : It is a combination of demand and inflation. CA has been replacing their population with new movers from across the border so demand keeps rising and fed government create higher inflation by printing endless money.
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Government create inflation by printing endless money and it is taxing the poor and the middle class
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Gov print make Inflation that make the $ weak and everything get more expensive.
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Depending where in CA?
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What did he found?
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@foley.elec.services Thank you. I will listen to it soon while holding a sign for my friend primary elections.
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There will be no RE (except maybe in NY, LA, SF...) or general collapse. Someone will always kick the cane down the road. Gloom and doom news are selling well and are a great business. Check Gerald Celente or Peter Shiff. They keep repeating the same stuff for over 20 years. Don't fall for it.
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Why prices went so crazy in Australia? You have so much space with a small population.
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It depends where do you live, are you getting a great deal , is it an investment property or for your self, how much rent you pay compared to your mortgage payments ...?
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