| I’d buy more cash flow generating real estate. As others have noted, we are printing cash and all assets valued in our currency are likely to be impacted. Unlike gold, real estate should be able to generate cash and not cost you cash to hold. They aren’t making more land. With rising sea levels there will likely be less land. Midwest is a great place to invest. So is the south east. If you want more information about what we do in these areas checkout our website: http://www.accredited-capital.com We are working to create returns for investors while also making a local impact by increasing levels of home ownership in areas that have routinely been overlooked by Wall Street. Depending on your situation, these investments might also not be subject to tax. Email me for more info if interested lcampbell (at) accredited-Capital (dot) com |
A huge number of people are thrown out of work and many of those people are renters, and renters pay rent to owners of property, and those property owners rely on the income to pay their mortgages.
They capped property tax and local tax deductions federally, they capped the mortgage interest deduction and can potentially go further in that regard.
I'm playing contrarian not because I think property shouldn't be owned or invested in (I did it as owner-occupier and landlord), or because I disagree with the statement about printing cash having to go somewhere, but rather because your comment is one-sided and sales-y.