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SteveFronte
1 Comment
Just How Terrible Is Housing as an Asset Class? Roubini Weighs In [view article]
in the 70's and 80's the dollar fell in real value and houses were a good investment.. but is it the same now? if everyone's money loses value then it's an even playing field but what if everyone's money doesn't fall the same distance and the dollar, when the banks finish their desperate sell off of long term foreign holdings that currently they are repatriating and keeping the dollar up lately.....then falls again even harder?that's might be a problem if most of the things you count on are in dollars, example, Treasury bonds (the Trust Fund).
Jul 18 03:00 AM