2018/1/29. World(USA) real estates: Red flag
There’s a big red flag in this report on the economy
Housing bubble is big problem for our life. We can’t live without house, but I don’t want to live with 25-30 years housing loan. (In Japan, 25-30 years housing loan is general. It’s too long!)
Sooner or later, the asset prices will fall down suddenly.
The wave of asset prices leads the rich to the richer, and poor to the poorer. This is what I didn’t want to tell in my blog. But the wave of assets prices, are sieves to separate the people rich or poor. If the wave is big, very rich people survive & the others lose their assets.
If the wave is small, small rich survive & small poor lose their assets. I learned this fact from my job.
To ride the wave or not, is up to us. I can’t ride the wave in this time, because the ready is not enough for me.