The Stock Market is in a bubble caused by low interest rates and Quantitative Easing. Previous generations stashed their money in Real Estate.
I do not like this tone of bashing people rich enought to buy it. Saw a clip on a $38M house in Boca Rotan which had a Star Trek themed theater and memorimilla, hence my DVR recorded it as Star Trek related. $0K square feet, selling because they want a bigger one. I think they hope when Market crashes as it will, their house will keep its value. an educated gamble either way.
BTW we have Cherry cabinets.
People need to know how to protect their money.
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Kyrie Eleison
Philadelphia(Germantown) 20 years, Brandywine Hundred, DE 3 years, St. Mary's County, MD 38 years, Villages
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