If you consider the real value of our so called Dollar, you'd have to realize that the price of a House is very inexpensive... It's better to spend those worthless dollars on something real like a house... I'm not falling for that Housing Bubble Myth...
@pocketechange
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I know it is hard to understand, or see that there is a bubble. Very few people were able to see it last time either.
If I had to choose between a house or a bunch of worthless dollars, I'd choose the house... On the other side of the coin, if you do sell your home and buy something like Silver, it wouldn't be so bad, but I sure wouldn't want to be holding on to those dollars... Especially not in a Bank...
@pocketechange
I agree with you there...Rather have my money in a house than in the bank.... Everyone needs somewhere to live!
But with that said, I think that some houses are massively overpriced. I have been level headed with mine and have gone for something which is relatively cheap
You wouldn't believe how many letters I receive in the mail from people wanting to buy my house... Why do they want my house so bad...??? There's no way I'm selling my house...
I refuse to be scared by a so called Housing Bubble, so they can buy my house cheap and with dollars that are about to crash...
How is there a bubble when you cannot build a house for what they are now selling???? The cost of labor and material prevents home builders from lowering prices. I do not understand? I believe the prices will come down only because people are not making dollars. If Pres. Trump fixes the economy maybe eventually Americans will start prospering again and demand for housing will become normal.
What say you?
While I agree getting rid of your USD is better than holding, using them to purchase something that is over valued isn't using them to their fullest...
Lot's of other places to put them that are undervalued...
Ask yourself what you could sell a house for in the USA if the buyer had to pay cash, it's coming....
I have a funny feeling the Banking Elite don't want any of us to own our own house... Sure, they can print as many debt notes out of thin air they need to buy up everything worth owning... We'll be left with worthless debt notes and they'll own all our houses...
@pocketechange