I really love the idea about Real Estate. Particularly, the illustration of rental yield reminds me China property crisis at present, the intrinsic value of real estate really depends on location or macro envrionment. Housing Price always go up seems already embedded in lot of Chinese peoples' heart, but it doesn't make sense at all. Also, the joke of German goes to save money in Switzerland really make me Laugh Out Loud
That first chart is great! I wish I would’ve seen that before I sent out my report today. More evidence that you can see improving rate of change in various economic indicators.
Great thoughts about properties! Here, in Bulgaria, lives the same mass mantra "They always go up". Maybe people really want to touch the asset class
I really love the idea about Real Estate. Particularly, the illustration of rental yield reminds me China property crisis at present, the intrinsic value of real estate really depends on location or macro envrionment. Housing Price always go up seems already embedded in lot of Chinese peoples' heart, but it doesn't make sense at all. Also, the joke of German goes to save money in Switzerland really make me Laugh Out Loud
That first chart is great! I wish I would’ve seen that before I sent out my report today. More evidence that you can see improving rate of change in various economic indicators.
The joke on Germans is a good one :-)
Interesting post as always!