If I didn't have a house already, I'd probably hold off for a little while. I can imagine prices would go down in the medium term.
If we get inflation and interest rate rises, that's a sure sign to wait!
With all the uncertainty, even more of it, coming, I'd definitely use that $100K to buy something that gives me some stability - land, a well, a house, some food, wifi, sorted!
I'm still waiting, 20 years now :)
You could get all that for 100k in Portugal?
@eco-alex has been quoting figures of £3-£7K for basic land in the central region.
Very cheap sounding. Would like to be a bit further south though, or it might end up feeling too much like home :)
Not at all - I've had my eye on the region for ages - Penamcor region - there was a Permaculture community around there I was looking at heading out too, funnily enough called 'The Hive' - it's since folded but now by extreme coincidence there's Hive people moving out there and settling - lots of little plots of land for sale by the locals - building regs might be an issue of course, but I think it's the only region where a low impact living strategy is going to be feasible for a very low price.
it is very British/ looking, but a bit dustier and with olive trees, and enough rain. Given what I want to do, crucial. And good internet too, apparently.
A strange coincidence indeed, could be a sign!
Olive trees and good wifi, now we are talking :)
I mean what else do you need, right?!?