Don’t go posting this here on Free Republic.
You will make the idiots that insisted there was no real estate bubble that was going to collapse angry with you.
Unless six years of the bubble not reinflating has broken their spirits.
My opinion is CASH IS KING today. If you have the money, buy real estate and rent it out. That’s better than putting it in a bank making less than 1% and letting inflation eat it away.
“You will make the idiots that insisted there was no real estate bubble that was going to collapse angry with you.”
It depends on how you define ‘real estate’.
Farm land is still going for $3,000 - $4,500 an acre. It goes up every year.
10 years ago it could be had for $1,000 or less an acre.
“You will make the idiots that insisted there was no real estate bubble that was going to collapse angry with you.”
Well, idiots is a good word for people like that. Anyone with any clue about real estate knows there are always real estate bubbles. It’s a cycle that doesn’t stop. If one bubble is burst, another starts growing.