NOT^ FAIR # NOT RI?GHT- _ HOUSE PRICES, page-43

  1. 83,038 Posts.
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    it would be interesting

    to be honest - I suspect that zooming house prices in some countries - where the laws and conditions allow it - I suspect that the prices are rocketing because people have some sort of inner knowing that deep shit is about to hit the fan and they are trying to store wealth

    they are familiar with real estate - in Oz and NZ - they aren't familiar with something like precious metals or diamonds and the like - they don't have the same clout in the mind when it comes to wealth storage --

    cash does, real estate certainly does ----------- stocks - are a mixed bag - because people inwardly know that when the poop hits the fan - stocks immediately crash - so, there's an aversion there --

    real estate - they can walk up to it - thump the wall, stamp the ground - so, it feels solid

    I think that people are sensing a crash - a mammoth crash of some kind - and, there's an inner subconscious drive to hoard wealth
 
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