bsrsharma, what is your hunch about the degree of currency collapse? I’m not discounting the role of foreign buyers in certain markets like SF, Miami, Manhattan, but do you really think that is going to save the inland empire and san fernando valley? Maybe downtown LA luxery condos….but, really anything else? I just don’t see it.
I agree that if we have Weimar Germany type inflation, housing will be some sort of hedge. If it isn’t burnt down by the angry mobs.
I still stick with housing being massively overpriced and if you are looking for an inflation hedge, there are better options.
