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When the government constantly erodes the value of the dollar, what can anyone expect? Money flows into the physical assets (capital preservation). Gold use to
by hourislate 5y ago
When the government constantly erodes the value of the dollar, what can anyone expect? Money flows into the physical assets (capital preservation). Gold use to be the go to to protect wealth but it couldn't be leveraged to earn anything more than whatever the market said it was worth, housing on the other hand can be rented/leased earning a monthly return (especially with super low interest rates). Just go and try and buy some land 200-300 miles outside of civilization, where it use to costs 10k for a 100 acres, now it's 500k. Anyway, the US has a far way to go before this becomes a problem, other countries like Canada, UK, etc are complete fucked. The average young person is making 50k and a house is 1.5 - 2 million.