we have all seen that the USA economy has affected worldwide stock markets.I have been reading books on economics lately, not just USA but Africa and international. one of the books (incidently that Obama has read) discusses the future economics of our world based on the thesis that the rest of the world will have a higher standard of living in the future, and what this means for America is that rather than being the sole superpower that America will have to learn to get along with other rising economies in the future.the most important point I have come across so far, is that what we need is more entrepreneurs not more welfare, not just in the USA, but in economies in general, including Africa and everywhere else. aid is good for temporary but not permanently.politics have their role in regulating but they are not business entrepreneurs (excepting a rare few). so I thought I would throw this out there, for those who may be thinking 20-30 years down the road, and what will be the next step long after our current situations have been taken care of and our current politicians are no longer in office etc.

I fall into the inflation camp, not so much the deflation camp.

We have went from inflated apprasials to deflated apprasials~~~~~~~~~~~~~~~~~HVCC Call to Action Contact your Representatives and Senators today to let them know that the HVCC Increases Costs for Consumers and Results in Poor Quality Appraisals.

Also, try to diverse yourself. i.e. maybe you want to consider a high appreciating property but at the same time, instead of putting your profit back in that property, save it so you'll be able to find a lower value property that can serve you better with regard to cash flow.And by the way, if you bought your property having a low rate conventional fixed mortgage, hold on to it for a little longer and you'll see how you will benefit from the up coming inflation.

Prices are still over-inflated here in Harrisburg, Pa as well.The Realtors and sellers just don't get that the run up was artificial and the correction is upon us.

The problem with this scenario is that fuel costs are volatile right now and rapidly rising.

However, during that time, assuming 4.07% inflation, inflation has made overall prices 3.31 times what they were at the start of the time.

In most states (Michigan is one of them) the TV can only go up X amount per year - in Michigan it is 5% or the rate of inflation or whatever is less.

Soon after the inflation will reach 2-3-400%....

I've never done a real estate deal but my desire to is rising by the day.