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Peter Schiff on RE appreciation 4/16/2008

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Uploaded by on Apr 21, 2008

Peter debunks the conventional wisdom of residential real estate appreciation. A house is a consumption, not an investment.

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News & Politics

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Standard YouTube License

  • likes, 2 dislikes

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Uploader Comments (julebuggy)

  • Great stuff. Thanks for posting this.

  • You're welcome. Subscribe or just keep searching for schiff as I'll be posting what I think are highlights from his Wall St. Unspun show.

Top Comments

  • true - peter sdpeaks the truth - check out what he was saying last year - it is happening now :) i trust him and believe he is right on about what will happen in the next 2 or so years - buy gold and food! get out of American dollars :)

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All Comments (7)

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  • be afraid, very afwaid....

  • look at the news 12/2008 begining of sevre recession

  • well I hope that lady didn't buy a house or by now she's probably living in her car.

  • :O)

  • I hope he's speaking the truth because the builders around me are not budging on their price either. Bay area by the way. Tired of the prices around here.

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