FinancialAdvisor's College Class (FACC)

[flota]

No doubt that it is very good that real estate stopped being an investment to general public. Real estate is a non-productive asset in economic terms. No economy can survive on putting excessive amount of money into real estate. If you think about an individual's cash flow perspective, an increasing amount of money needed to service mortgage and heloc will have detrimental effects on the rest of the demand on goods and services, unless you are able to extract equity out of your property. At that point you are playing a game of musical chairs.