Ernie S.
Diamond Member
It hasn't returned to pre 2007 levels. It's been inflated with the Fed's creation of less valuable dollars via QE^Infinity. Your portfolio in 2007 had more purchasing power.
Not any more inflation than we have always had. In fact, economists agree that, with mortgage rates below 4%, inflation has been virtually non existent for the last 5 years. IN fact, I own a house that I could not even think about buying in 2007!
Me too. In 2010, I bought a foreclosure for 30% of what it sold for in 2006. It is now "worth" about 25% more than I paid.