If you're "preparing for disaster" by buying gold.....what's the point?

Supply and demand have not changed.When paper assets crash hard assets like gold and real estate do well.There are some buyers that will hold off for now and there are some sellers that will hold off for now, so volume might go down for the time beeing, but the balance of supply and demand remains and I don't see 2020 prices soften.

Hi   New to biggerpockets   3 sfr homes in vegas all paid rent  4plex in gold hill oregon   3 out of four paid the fourth notified me that she has lost her job due to bar closure due to pandemic(bartender) and has filed for unemployment   I also have four acreage props in southern oregon , those tenants on all paid up....so far

Tenants of rent controlled units in LA know that they are sitting on gold and have few options for similarly priced/comparable housing.Another alternative you might want to look into in called the Ellis Act.

Ryan, welcome aboard.Yes, the BP podcasts are a gold mine of information.Connect with me anytime. 

Agents with this type of expertise are worth their weight in gold to an investor--especially when the investor is relatively new and inexperienced.

This is gold great stuff.Originally posted by @Jefferson Brown:Hey Justin! 

Of course everything is perspective, and compared to California we probably look like a gold mine out here.

The property (a run down 2-flat and coachouse) was located close to the lake, downtown, popular attractions restaurants, etc. and was surrounded on three sides by some very expensive neighborhoods (Gold Coast, River North, Lincoln Park).

It’s the last Gold Coast City and it’s on the up.