Another problem posed by real estate that is perhaps less obvious. They require utilities:- electricity, gas,water,sewerage . . #infrastructure . . without them, you may as well live in a tent. I sold my house in 2007 exactly for these reasons . . many will never be sold . . new word:- stranded assets
This will not only apply to housing but, aircraft, cars, boats, motorcycles . . anything that uses fossil fuels, when fuel is scarce or unobtainable these assets will simply be abandoned . . #stranded-assets
Very good, and exactly my own thought process. However, what about SHARES? What are your thoughts on those as tradable inflation proof assets? Obviously they are volatile, but the right shares must have underlying fixed asset or income value.
You can't eat gold.
Non-sequitur.
You can't eat fiat currency.
More on point.
Another problem posed by real estate that is perhaps less obvious. They require utilities:- electricity, gas,water,sewerage . . #infrastructure . . without them, you may as well live in a tent. I sold my house in 2007 exactly for these reasons . . many will never be sold . . new word:- stranded assets
This will not only apply to housing but, aircraft, cars, boats, motorcycles . . anything that uses fossil fuels, when fuel is scarce or unobtainable these assets will simply be abandoned . . #stranded-assets
Very good, and exactly my own thought process. However, what about SHARES? What are your thoughts on those as tradable inflation proof assets? Obviously they are volatile, but the right shares must have underlying fixed asset or income value.
Where do you buy your bullion?