....WHERE'S THE BEEF?

[James Hamling]

If your a Jurassic slap-a$# like me, you fondly remember the most awesome Granny, calling out the all hype and 0 substance BS burger joint with the iconic phrase "WHERE'S THE BEEF?". 

And as I HEAR all the various roar of media galore, I am left with the exact same feeling when looking for this "Crash/Collapse" in Real Estate I have kept hearing about for more then 2 years now; "WHERE'S THE BEEF?". 

I have heard countless stories how Real Estate goes through a cycle of "bust" ever so-many years...... "WHERE'S THE BEEF?". 

I was told covid moratoriums were the nail in the coffin, mass foreclosures where out there, hanging int he ether, just waiting for the moratoriums to come off and it was going to be an avalanche, a tsunami of foreclosures unlike anything we have ever seen....... "WHERE"S THE BEEF?"

I was told Landlords were going to go bankrupt in-mass, that hundreds of thousands if not millions would be done in by loss of rent revenues, and it would be a fire-sale of properties at pennies on the dollar....... "WHERE"S THE BEEF?"

And then, more recently, how that dark shadow of inflation-doom had descended from Mordore, and the watchful "eye" had dropped a death-blow of rate increases, that this WAS it, the end, a collapse unlike any other, '08'-2.0 but on steroids, a certainty of impending "crash"......... "WHERE"S THE BEEF?"

I am told that in '77', many said everything was going to end, as the Vietnam calamity came to it's conclusion. Then there was gas shortages, the S&L scandal, Enron, Dot.Com bubble, challenger explodes, GARBAGE PAIL KIDS, I mean really pick your calamity, chaos and fear center over the last 40's years and the worst of the worst is a 10yr "blip" from '08'. "WHERE"S THE BEEF?", where is this "cycle" of real estate crash? Where is real estate market taking some free-fall following ____ fearful calamitous event? ONE, I can find ONE event and one only over my entire lifetime that actually did smack the R.E. market down and that took the largest financial event in world history since the Great Depression to do it. 

So "WHERE"S THE BEEF?"; why is there this constant media "roar" of calamity and results that history simply does not experience or show? Why is the media so disconnected from reality and facts? Why do so many question Real Estate as an investment and wealth vehicle, when the evidence is so dang clear? 

In all the media "hype" of disaster impending I simply ask "WHERE"S THE BEEF?". Show me the beef, show me the SUBSTANCE, the meat of it, because it's all bun wrapped around this tiny nugget of "beef" in pretty much every instance I have found. Great razmataz to sell views and advertising for-sure, looks jazzy, sounds jazzy, but second you go past that bun of BS, yeah, "WHERE"S THE BEEF?". 

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