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September 15th, 2006, 07:24
#11
Senior Member
I bought my vt 5 condo as an inflation hedge.I paid 60,000 us dollars also and I expect it to cost about 100,000 in a few years.It cost 10% more in one year because of the declining dollar and I expect the dollar to plunge drastically very soon.Im not renting it as Im counting on price appreciation.
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