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He mentioned actual estate shares may fall additional as demand for property in key cities remained weak.
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Some individuals buy actual property expecting it to appreciate lots over time," he said, in an interview with USA At the moment However it may be risky - or even foolish - to pay so much for a property that you simply're losing money on an operating basis simply since you suppose it's going to respect." Actually, when adjusted for inflation, as Shiller suggests, the common home hasn't appreciated a lot in any respect since 1987.
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