Nothing to see here
I’m sure the fact the the US President and the US’ top two financial officers come on TV to pass us the message that everything is under control and there’s nothing to worry about means we can put our heads in the sand.
No, there is inflation, and the economy is clearly down.
So what’s safe? I’m no economist, but if banks are potentially unstable over $100k, there’s commodities, silver, gold, and maybe … property?
But only property bought in the right place, location, location, location - remember.
And at the right price. In many businesses, you often make your money when you buy. I think the same could be true of property at this juncture.
Sell at the peak, buy when the prices start going up again, or when there’s blood on the streets - let’s hope we can avoid the latter.