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Re: Gold, interest rates and real estate: How will this unwind?
A few comments about real estate where I have lived in the past to include Japan and Australia, and also about Hawaii where I used to own a condo. Was really fun to watch the real estate prices in Japan take off. What was especially bad was since being a foreigner without permanent residence at that time, I couldn't get a… -
Re: Gold, interest rates and real estate: How will this unwind?
For what it is worth, when the Japanese investors pulled out of Hawaii when forced to do so by their own depressed economy, housing prices stagnated, but did not fall. INstead what happened is that there just were no sales until the economy in Hawaii found its own recovery a year or two later. This was especially true for…
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