Potential buyers figure that (1) poor Steffi (bless her heart) unwittingly became a real estate speculator when she bought this home in 2001 for a lot more than someone paid just a few years earlier; (2) Steffi’s home was probably over-priced in the mid-1990′s when it was under $1 million; and (3) why buy a home for a price far exceeding what the owner herself overpaid for it almost a decade earlier?

Now I feel for poor Steffi, as I’m stuck in real estate limbo myself, facing the prospect of retiring in my home (which is a small “starter home” by average U.S. market standards, truly, it’s well under 1,500 square feet with four tiny bedrooms and two small bathrooms). For all of Steffi’s fame and fortune, buyers are, shall we say, most sensitive to paying a penny more than they perceive her home is worth.

Considering the aforementioned factors, I fear that Steffi may have to take a disgusting loss on what she originally paid (after a decade ending in zero appreciation) to unload her beautiful home… or retire in it. The fast approaching hyperinflation may raise her home on the crest of a destructive wave (and bail her out of a mortgage denominated in “old world” dollars which she can payoff in hyperinflated currency).