2 December 2019 | 31 replies
The likelihood is inflation will make your condo worth a bit more in dollar currency but not purchasing power in 6 years.
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19 December 2016 | 8 replies
You can still have flat prices with tight inventory if people don't derive the same satisfaction and have other alternatives.Inflation is the erosion of purchasing power of a currency (mostly due to excess dollars in circulation like in Venezuela as the government keeps printing).
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21 May 2018 | 93 replies
When I first started investing (not real estate, forex actually) I remember reading a book on the difference between the institutional investor vs the retail investor.
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18 July 2021 | 22 replies
For ex: they found 1 dead cockroach and called exterminator services which was approved by PM and was never communicated with me and they deducted from my rent.
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14 March 2023 | 39 replies
But I imagine if the governments keep printing money and devaluing the currency you'd be on the winning side, aligned with the rule makers.
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27 April 2023 | 77 replies
Bad news, last time I checked there's a correlation between wages and productivity, was in 1975 :)Since gold and currency don't interlocked anymore, there's no more correlation between wage, productivity and real estate/debt.In fact If I can speak the truer, getting a mortgage is actually more important than having a job LOL ,why, because mortgage is a hedge of everything, hedge of inflation and hedge of currency/economic activity.
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6 June 2023 | 15 replies
US government debt is another story, but that's the great benefit of having the world's reserve currency.
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14 May 2018 | 39 replies
We are looking into buying in Jamaica for long term investment and retirement.Will be working on the analysis in the coming months.One major issue we are finding is that local mortgage rates are unreasonable in the 12 - 15% based on the local currency.
20 May 2018 | 72 replies
As you probably know, since January 1, the regulator here in China is now requesting that anyone who is purchasing USD currency declares the purpose of that purchase.
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2 February 2017 | 18 replies
I am a millionaire in 3 different currencies.