Can housing fall 50% in value? Yes it can, but less likely, it’s a hard asset on a land title. In Vic waiting list on public housing is 82,000 & growthing by 500/month.
Can gold fall 50% in value? Yes it can, but less likely, it’s a hard asset precious metal. When fiat currency fails, it skyrocket in local currency.
Can high grade diamonds fall 50% in value? Yes it can, but less likely, it’s a hard asset precious gem.
Can Van Gogh painting fall 50% in value? Yes it can, but less likely, it’s a hard asset. Everlasting fine art collection.
Can junior stock fall 50%? In value? Yes it can, quite easily, it’s a paper asset. It just had another capital raising/bad announcement.
Can vehicle fall 50% in value? Heck yess. Quite rapidly, it’s a mass production hard asset. Poor dad buys car in personal name & lose money, rich dad buys car using company name & claim back on tax.
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