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Claeren · 03-12-2011, 11:21 AM

If commodity prices surge in the short-medium term (which seems very possible, whether by demand or by inflation of the USD it is priced in) then it is possible.

But what no one around here seems to want to acknowledge is that a surge now could mean a full stall of any 'recovery' and a likely multi-decade depression.

It all gets pretty complicated, but the world will not pay $200/barrel for long before they simply change their usage habits and demand new technologies which are cheaper relative $200 oil than $50 oil, etc etc).

In the medium+ term I really don't think you will gain anything on your condo, or loss anything on the house. I guess the safest option if you neeed to act now is.... sell the condo (which is more likely to go down/stay same than it is to go up) to buy the house (which is marginally more likely to go up than the condo). In leveraged dollars, any scenario is better than going down...

Claeren.

03-12-2011, 11:21 AM	#1759
Claeren Franchise Player Join Date: Jul 2003 Location: Section 218 Exp:	If commodity prices surge in the short-medium term (which seems very possible, whether by demand or by inflation of the USD it is priced in) then it is possible. But what no one around here seems to want to acknowledge is that a surge now could mean a full stall of any 'recovery' and a likely multi-decade depression. It all gets pretty complicated, but the world will not pay $200/barrel for long before they simply change their usage habits and demand new technologies which are cheaper relative $200 oil than $50 oil, etc etc). In the medium+ term I really don't think you will gain anything on your condo, or loss anything on the house. I guess the safest option if you neeed to act now is.... sell the condo (which is more likely to go down/stay same than it is to go up) to buy the house (which is marginally more likely to go up than the condo). In leveraged dollars, any scenario is better than going down... Claeren. Last edited by Claeren; 03-12-2011 at 11:24 AM.