You always are very bullish on all real estate. Could you be wrong?
Duh! Yes! Of course. I have been bullish for 45 years, but could I have been wrong – of course. Any past crisis could have resulted in a different outcome. I just believe that we will muddle through and the printed money will result in higher asset prices. I also am NOT bullish on all real estate. I am warning outright for years not to buy hotel condos, timeshare, quarter share, Phase II ski condos, etc. I also recommend that you only buy the deal of a lifetime now, until the outcome is clear. (see next question)