FinancialAdvisor's College Class (FACC)

[SilverSurfer]

flota, heard an unusual useful analysis the other day, saying, it was good that 'investment' in real estate has gone out of favor. Homes are for living. The malinvestment seen the last 20 years with the gov intent that almost everyone should own a home was idiotic along with the MacMansion boom, etc.. it was not healthy to have so much banking on Real Estate. If money can balance out with resources going to new inovations that will create jobs along with infrastructure underpinning,, the U.S. will be much better off - long term - then pouring cash into R.E. and derivatives of.

China is making the same mistake now. imho, hge