I know many people will say Gold or other precious metals, which is fine.....
IMO, when a depression comes, CASH will be king for hard assets....
Real Estate is booming right now, that won’t last forever, especially when interest rates ramp up....when the market bottoms out, real bargains will available everywhere....
Land is what I’m looking at, I not buying right now, but when the bottom falls out, raw land will be available at bargain prices.....
If you have ever had you eye on a prime piece of property but right now the prices are inflated, standby and have cash ready to move quickly.....
Just my thoughts, other ideas I’m sure are out there...
Cash holdings are the worst holdings in an inflationary period. The value of the cash is reduced by inflation.
That’s the definition of inflation.
I believe the mortgage and rent deferrals (COVID) have allowed squatters to remain in properties that should have been put to the market. It has limited the turnover and supply of homes and rentals driving up prices for all.
"standby and have cash ready to move quickly....."
When supply returns prices will collapse. Those who have taken out equity by refinancing their homes will be, "under water" for a lot of money and may abandon their property, defaulting on loans. Credit markets will seize up new lending. There will be pain.