A house for $100,000 fifteen years later actually sells (closes) for $1,000,000? Same square footage…maybe, new appliances, pretty floors and light fixtures, pretty yard…whatever.

You KNOW the value hasn’t DOUBLED…so what’s with this TEN TIMES dollars business?

Takes more dollars to house the same number of people, to buy the same item…because each dollar is worth less that it used to be worth.

Now the private organization called the Federal Reserve is printing money like there is no tomorrow and not even publishing the volume of money being printed and distributed…So as the supply of cash is inflated, it’s value continues to drop precipitously.

Yeah make lots of cash and convert it ASAP to something that has value, fundamental value like food, water, shelter, communication, transportation, etc…but don’t buy debt and think you’ve done something heroic or clever.

Cuidado hijo

I like the notion that real estate is “real” and there will always be a necessity for it.

ShandyKing had a post called “Is The Housing Market Due To Implode?”

I left a paranoid rant about the US Dollar on his post.

In my opinion… The US Dollar might be in trouble. If you share this belief, you will likely want to invest your dollars into something more real, like real estate.

Real estate (Shelter) also has the benefit of being a fundamental necessity for survival. People understand this on a primitive level, more than some other type of investment like the stock market.

If you want to see how thick my tinfoil hat is, you can read my comment over here. (More links in the comment)
http://www.shandyking.com/2007.....rclosures/

Aloha,
Dave.