[quote=FlyerInHi]Yes American real estate is cheap. But taxes and maintenance are high.
If you’re a global businessman, buying a house so you kid can go to a top university is a bargain. The house will not diaapear so the capital is still preserved.
Interest rates are low so parking money in real estate, especially If it’s something you can use is not a bad deal at all.[/quote]
Just a note on that,
The China Gov has been hinting fairly strongly that they intend to impose property tax at some point in the future.
Also for SDR,
Not all countries have FDIC insurance, just look at Cyprus also some are a little nervious about bonds, not that I worry about the U.S. Bonds but some do.