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Letter "E" » Eric Belsky Quotes
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«[Those who get squeezed in a housing bust are simply those who can no longer afford to keep paying their mortgages and so lose their homes to the bank.] A slowing of sales does not necessarily mean a collapse or even a decline in prices, ... Prices may grow very slowly, perhaps not even as high as inflation, so you would have a slow deflation.»
Author: Eric Belsky
«In the short run, you're going to start seeing a growing demand for building material products, which are already under significant demand with the home building industry humming along so much. It means that there will be even more pressure on prices in that area.»
Author: Eric Belsky
«It will also mean a significant increase in demand for manufactured houses. Because it's a more accepted form and common form of housing [in the region], and it can be supplied relatively quickly.»
Author: Eric Belsky
«For those who haven't got into the home-ownership boom, they're in a double bind,»
Author: Eric Belsky
«Full-time work does in no way guarantee the housing you're in.»
Author: Eric Belsky
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