Finally (and this is just my opinion), your properties have tangible worth and provide a hedge against inflation, which is far more than can be said for over valued stocks run amok in an economy where government policy is to print money, thus forcing devaluation of the dollar.

It has devalued significantly.

If you are looking for a hedge against inflation, you want to control as much good debt as possible because the debt is what gets devalued.

Technically, I can get those now, but I don't want to spending income on devaluing items, need passive income to play, also while able to enjoy); Stage 3 - Assets are f & c, set the next generation up so they don't have to worry about making a living, be able to cover for healthcare costs, and be able to spend time helping/caring/growing for both preceding and following generations.

This mistake probably reflects my anticipation of rising interest rates (although I believe it will be gradual)  when the Feds decide to begin raising the Fed Funds Rate.Given last week's news about China devaluing their currency and Wall Street's loss last week, it will be interesting to hear what the comes out of the September 16-17 meeting.

It's actually not the home price that's increasing but home price is adjusting to the devaluation of currency and M1 cash.

Add to that the fact that owner occupant condo owners generally hate having renters in their building devaluing their investment and there are more that enough reasons to look ant all other investment options.

I then ask myself why would I by in a market that has precipitous devaluation.

What are you going to sell US treasuries, pay the cost of devaluing your currency and then go to buy Euro bonds at negative rates?

If people came with $20 and said give me the gold, I do not trust that you are not printing and devaluing the dollar, the govt would run out of gold too fast.