We have run budget deficits each and every year since then, with inflation each and every year.

Bonds are risky when they get slaughtered by inflation (which has been 8% per year for the last 10 years).

every time i deal with one of these guys that disappoint me, i tell myself that i should go back to doing these things myself. i know how to do them and have done lots of projects, but i am trying to get away from that.J Scott is right, but he is saying it becuase he has a great crew that he could rely on. most of us are not in that boat and struggle to find good help/people.i am just lucky that the guy i was using finished the windows. otherwise, it would have slowed me down a week until i found someone else that could do the job. the last thing i wanted is to change conractors in the middle of the project.btw, his bill came and some of the prices are inflated. some are new items that we never discussed. i think he thinks i will not notice. he even left money on the table since he had the chance to finish 1-2 slabs of driveway concrete for $1k, and will not come back. there are many mistakes/gross imperfections with the drywall he did, as well as he did not cleaned up AT ALL after himself, so i will be reducing the amount i pay him. the truth is i just wanted to reassure myself that i was doing the right thing by deciding it's time to part ways. that was the reason of this thread.

But I definitely see them shooting up at some point when the economy returns and the FED stops buying all the mortgage notes.That being said, what do you think rents are going to do when inflation/rates shoot up?

However many banks also ended up going under too.Back then, the leaders felt the country should bite the bullet, let rates rise, let banks fail, foreclosed on houses and other collateral for the loans and created the RTC to dispose of assets fast.

He can renegotiate a lower interest rate and cross his fingers that the market for beach houses will rise.

Easy fellas...........I imagine there have been problems with spam, and intentionally inflating post number, simply to advertise.

Moreover, were house prices instead to rise subsequently, the lender would not share in the gains.

Things are a bit slower on the retail end, but prices haven't really slumped as they were never inflated to start with.

My rule of thumb is to take prices in 1999-2001 and adjust for inflation up until now and into the future.