That's what we have, massive intervention, massive spending, inflation and dare I say "incompetency", but I digress. 

This does not include the many "temporary" construction jobs that will be created while these massive facilities are being built. 

This will put the Fed in even more of a pickle with regards to increasing rates which could impact RE prices.Long term impact: the invasion of Ukraine could trigger other geo-political events that could have massive implications for all investors regardless of asset class.

There are tons of buyers paying all cash who beat out pretty much every other offer type, including HML (which is like cash but still not cash). 1) A duplex will never cashflow unless you have a massive down payment.

I’ve had people hang on to the letter for a year and a half and then call and I bought their properties with massive profits.

A college degree isn't perfect, but it helps establish a baseline and improves financial stability (assuming they're not taking on massive debt in the form of student loans).A safe $75k real estate investment is typically going to generate minimal cashflow that will be peanuts compared to monthly living expenses.

As Warren Buffet has said (quoting his mentor Benjamin Graham), “In the short run, the market is a voting machine but in the long run, it is a weighing machine." 

I consider the past ten or so years an anomaly, but across the country, I would say RE prices do not outperform inflation, especially when you consider costs to maintain the property and the massive capital expenses that will need to be paid every 30 or so years.

Maybe manufacturers are having massive profits, builders % are not, healthy yes but not anything that has any sizable area to lower. 

A little FYI on Minnesota being "mostly empty", we have development at MASSIVE scale going, an EPIC level housing shortage, and the economist, quants and builders looking that we "might" achieve parity (supply meeting demand) in best case scenario 7 years, and that was stated as a best case scenario, with no more impactors, and continued GROWTH to building out-put on pace, and relief of supply constraints.