Comments about ‘US home prices rise strong 12.1 percent in June’

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Published: Tuesday, Aug. 27 2013 12:00 a.m. MDT

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Omaha, NE

12% higher?? That type of growth in prices on housing just means that the former owner is robbing from the future owner and the bank is getting a bit of a cut too along with of course... the realtor. One thing that makes it work is that the robbery takes 30 years or so and is a small amount in comparison to the loan itself.

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