Yes, in this scenario you can assume cash flush waiting to pounce.
Yes, in this scenario you can assume cash flush waiting to pounce.
If inflation hits like the 1980's your money will lose half its value in 5 years.
If inflation hits like the 1980's your money will lose half its value in 5 years.
If you're buying a house cash for half price, does it matter if the cash you no longer have is half value in 5 years?
If you're buying a house cash for half price, does it matter if the cash you no longer have is half value in 5 years?
silver has entered the chatroom*
>silver has entered the chatroom*
You have to wait for the interest rates to get that high and then for real estate to collapse. In the meantime your $250,000 in savings loses $37,000 in value every year.
You have to wait for the interest rates to get that high and then for real estate to collapse. In the meantime your $250,000 in savings loses $37,000 in value every year.
People say real estate is a good investment, I disagree. If the banks don't loan money, not many people can pay cash for a mcmansion.
People say real estate is a good investment, I disagree. If the banks don't loan money, not many people can pay cash for a mcmansion.
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