Quote:
Originally Posted by MorTech
"Land Banking" has worked well (ARR) for the last 50 years...The untethered-to-gold fiat has to go somewhere. I think both bonds and real estate are going bear now. What if real estate adjusts to it's utility value? A true depreciating asset not propped up by fiat inflation.
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There is only so much land available for housing and now with huge tracks of land being devoured for data centers there's even less available. Millions of people have been allowed in this country making housing tighter than it's ever been. My money is on real estate.