FSD, so you’re talking about an increase in the money supply and high inflation? The gold example works if you buy and hold gold, and then exchange it back into dollars when you are ready to buy. How many people put away $50K in gold today (assume it’s worth $500K in 10 years) in gold, ready to buy a house? Usually people need a mortgage to buy a house…
DaCounselor, I am always amazed when the old timers like you (and others previously on this board) forget about the cyclical nature of real estate. You guys who made money in real estate are so stuck on it, like super glue, and think just because you made a boat load of money once or twice, you will continue doing so. A lover that was once so sweet surely won’t poison you, will she (hehehehehe). When you keep your money in real estate, isn’t that called “throwing good money after bad”? And isn’t it denial when you dismiss the cyclical nature of real estate?
