The collapsing dollar will save real estate
As the U.S. Dollar is plumbing new depths, real assets are finding new heights in value so, exactly what is a real asset and what is driving the prices changes?
Here is another way of looking at it. Home prices fell nearly 10 percent in the past 12 months and dollar has fallen another 10 percent relative to the Euro in those same 12 months. In Euro terms, US home prices are twenty percent off. At what price does non-US investors see value in the US Real Estate market? I am starting my evaluation of REITS at this very moment. The dollar fall is not over, and it will take Euro investors a bit to find value here in our property so you have time to buy, but start looking now.
- Oil and other sources of energy;
- Gold and other precious metals;
- Non precious metals;
- Food and Grains;
- land and buildings
- Real global demand growth, either population or income
- The decline in our store of wealth, vis a vie other peoples store of wealth
- Hoarding or fake demand
- Excess leverage or fake demand
- Diversification of stores of wealth
Here is another way of looking at it. Home prices fell nearly 10 percent in the past 12 months and dollar has fallen another 10 percent relative to the Euro in those same 12 months. In Euro terms, US home prices are twenty percent off. At what price does non-US investors see value in the US Real Estate market? I am starting my evaluation of REITS at this very moment. The dollar fall is not over, and it will take Euro investors a bit to find value here in our property so you have time to buy, but start looking now.
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