Agreed. I would actually prefer to have less in real estate but I happen to have quite a bit of equity in my home and I don’t want to pull equity out at elevated rates before the market tanks. I sold a property a year and a half ago to get that down and I will never hold 2 properties again unless I am buying one to help get one of my kids in a house and they can pay me back over time. I don’t hate real estate as an investment, I am just very concerned about taxation and regulation. Insolvent governments are going to see wealth in real estate as the answers to their problems.

Reply to this note

Please Login to reply.

Discussion

No replies yet.