At other times new money has gone into consumer assets or the stock market or perhaps just particulary types of stocks; why did it all go into real estate this time?
In a message dated 8/18/05 6:36:43 AM, [EMAIL PROTECTED] writes:
I'm not sure about the 18-year cycle, but there are political cycles too, such as the Presidential cycle. Yet this doesn't line up with 18-years.
Regarding why a shift to real estate? I think because there's a basic belief that real estate is a long lasting store of value. Other assets tend to be more liquid and follow shorter cycles and cars are less durable. Or that's my guess.
Regards,
Dan
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