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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (4651)3/6/2008 10:49:43 AM
From: stan_hughes  Read Replies (2) of 71427
 
Maybe, but IMO you'd still be way early. It will take an awfully long time to clear the RE market of the volume of excess inventory that presently exists, especially in an economic climate like this, perceived value or not. A lot of people that bought houses in the early stages of the decline leading into the Great Depression probably thought they were striking a pretty good bargain too, i.e. beware a rise in unemployment that extends the suffering period

IMO if you firmly believe in the "BB has to print" scenario you should stick to the gold and forget about the RE for a few years -- then maybe do some swapping
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