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Real Estate
Reply to "Should current homeowners wish for home values to decline?"
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[quote=Anonymous]I do wish they would decline. My wife and I were discussing how none of our young friends (responsible professionals) are finding it possible to afford a house. My 9-year-old daughter asked for more info, and my wife explained that housing prices have gone up much faster than wages over the last 10 years. And that we wouldn't have been able to afford our own house under these circumstances. My daughter said, "What will happen to us (her and her siblings), then?" What indeed?[/quote]
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