I Would Not Be Buying U.S. Real Estate

[Leandro Abreu]

Investor Jim Rogers said "I would not be buying U.S. Real Estate" in a podcast two days ago. He then adds "The Chinese rush to buy U.S. Real Estate is probably a sign of a top in that market." 

Jim Rogers is a respected macro investor, and he's known for his long term positions. He's right more often then wrong also.

I'd like to ask other BP members what do they think about his opinion, and how can small investors protect themselves against whatever may be around the corner? 

What do you think?

[Jerry W.]

I would not follow blanket advice about do not buy US real estate.  There may be individual markets that are over priced and in danger of deflating rapidly, but there are many more markets that are pretty strong.  I would look heavily to your local market.  I think cheap energy prices and low interest rates will continue to push prices up a little, but areas where I live that depend on the high price of oil to generate jobs are much riskier.  Real estate is local.