I have heard you make the ‘just look back’ argument over the years. I know it and believe it now. I have done it and have studied it. But it was good to hear it again. I know this drives you crazy – but, will we recover this time? Hehe.

I have heard you make the ‘just look back’ argument over the years. I know it and believe it now. I have done it and have studied it. But it was good to hear it again. I know this drives you crazy – but, will we recover this time? Hehe.

Investor Asked on September 10, 2019 in Real Estate.
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 In the last issue I did indeed ‘look back’ over the ever increasing higher and higher prices thru all economic trials since the1960s. Really can’t add much to what I said last month and today elsewhere. Just remember, the forecast to go from $278,000 (In 1998) to over $2 million in 2018…was much harder to make and even harder to believe!

Guru Answered on September 10, 2019.
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