Words
146
Reading
1 min
Listen
Play
6y
Over investing in homes seems like the normal thing to do but if I told you invest 90% of all your wealth in the stock market you'd tell me I'm crazy but it's the same thing, position size is position size regardless of what you invest in.
I'm in two minds about the housing crash like it's supposed to happen yes, but there are way too many things reliant on it, if housing crashes people lose homes, jobs, banks go bust, pensions go bust so there's a vested interest to keep it going. Some countries won't have the funds to do it, so they'll just poop the bed faster than the US and Europeans will
All I can do is watch it all play out, perhaps some countries will take the knock head on and we can pick up cheap homes there with our crypto :)
RE: Real Estate Is A Fools Investment