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imsparkydave's avatar

Would the same apply in the UK and other countries

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Rafi Farber's avatar

yes

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anacap's avatar

Did 30-yr mortgages exist back in 1930's Germany? If not, there must be a different reason for such a deflationary effect on real-estate.

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Rafi Farber's avatar

maybe not 30y but mortgages definitely existed.

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Rick The Real Twinjun's avatar

"And recall, recessions typically start shortly after the rate cutting cycle has already started, with an average of 7 months post first rate"

Conveniently timed to arrive after the election.

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Clifton T. Moberg's avatar

Although aged, I have wished for farmland near my hometown. I grow fruit trees in large pots (close together), but if I had land with water, that would be a dream come true. If cheap land prices ever happen, then it is those farmers who don't own the land outright who will give some or all of it up due to dollar value loss. But how does a potential buyer even learn which farmers may be subject to such?

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Ed's avatar

I would suggest you look for foreclosures sales after the economy crashes.

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Clifton T. Moberg's avatar

Tack så mycket!

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