4 ms·
I do think owning land is important but wonder if there will be a glut of properties for sale if interest rates go up even a few percentage points. I hope I am
by sigmaprimus 5y ago
I do think owning land is important but wonder if there will be a glut of properties for sale if interest rates go up even a few percentage points. I hope I am wrong as You are right, land has been my most successful investment and I am fortunate to not be carrying a mortgage on my home. I am just not sure that investing in a secondary property (Which is by far a much greater investment than I had in mind) would be MY best choice at this time.
Also thanks for the tip on coins, I think that is smart as there is also a collectors market then.