Buying real assets is never a bad strategy.
The Dollar can go up or down. There is always some value in holding tangible assets.
Panic? Yes, it is the #ComDem’s stock and trade. They build nothing, only create chaos and destroy things.
Buying real assets was a pretty bad strategy in 2006.
“Buying real assets is never a bad strategy.”
Paying over $1 million for a California house that sold for $47,500 in 1972 is dangerous.
Paying over $2 million for a Florida house that sold for $42,500 in 1956 is dangerous.
“Buying real assets is never a bad strategy.”
Houses outside the major cities in Arizona have doubled in price in the last 2 years. No job base or wages to support those prices. Many of them will soon drop in value. Then the owners will walk away. Just like 2006/2007.