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>What would make me stop buying homes? Are you saying you don't know what to do with your money?
by 11101010001100 5y ago
>What would make me stop buying homes?
Are you saying you don't know what to do with your money?
- inglor_cz 5y agoNot the OP, but this is an interesting remark. Stocks aren't as attractive as they used to be, because people seem to be pessimistic about the development of the economy. Stagflation is the word that keeps emerging again and again in conversations of people who never used it two years ago. At the same time, cash is obviously losing its value. So the only thing that attracts investment is real estate, which cannot be printed at will, nor can it really "stagnate" as long as certain cities act as a magnet for immigrants, domestic and/or foreign. Basically, this situation reflects our collective pessimism for the future. If/when people start believing that strong economic growth is around the corner, stocks will soak up some of the money that now flows into bricks and mortar.