Originally posted by AlfredJPruffock
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It doesn't mean the world is going to end. Commodity prices are dropping, property prices are coming back to a realistic and attainable level, the sharemarket will be more realistically priced and less speculative (for a while).
So on paper your house might be worth 'less' than it was yesterday - does that mean anything at all if its the house you live in?
Chances are your mortgage just got cheaper, petrol is getting cheaper etc. Its great news all round.
What a great time to be alive. The future is looking brighter every day.
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