rjleduc > I wonder how long it will take people to realize how much inflation there has been in real estate
True, but real estate has been an readily accessible place for investors in the US to hedge against the devaluation of the dollar, particularly as interest (mortgage) rates have been so low.
stockcharts.com[l,a]dalaynay[de][pd50,2][ilb14!la12,26,9]
Of course, the appreciation of the REIT has been much greater than than the inflation rate and that does signify the development of a bubble, but what choice do most people have but to ride the tiger.
> I haven't done any TA on gold for a long time, but I suspect it would be quite interesting(maybe frightening) now...
Here's a weekly chart of the gold price in USD. From the chart, it looks (to me) like there's still a fair bit of upside left. And indeed, I don't see anything frightening in this chart -- it's the dollar that's scary.
stockcharts.com[l,a]wallynay[dj][pd20,2][ila12,26,9!lb14]
stockcharts.com[l,a]dalaynay[de][pd50,2][ilb14!la12,26,9]. |
