Well, if I weren’t a political and economic refugee who’s fled the US, I would consider picking up a vacation home. But there are couple other reasons not to buy: (1) high property taxes, (2) things are probably going to get worse rather than better, as housing is likely to go down in hyperinflation. My plan is to buy an Ontario farm once my oil and gold stocks have risen to bubble levels.
A frightening satellite look at America’s housing problem: Satellite Tour Of America’s Foreclosure Wastelands.
Well, if I weren’t a political and economic refugee who’s fled the US, I would consider picking up a vacation home. But there are couple other reasons not to buy: (1) high property taxes, (2) things are probably going to get worse rather than better, as housing is likely to go down in hyperinflation. My plan is to buy an Ontario farm once my oil and gold stocks have risen to bubble levels.