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silver is going to $1,000/ozt
| vivacious frum home chad | 04/14/21 |
| Titillating Judgmental Prole | 04/14/21 |
| vivacious frum home chad | 04/14/21 |
| Titillating Judgmental Prole | 04/15/21 |
| vivacious frum home chad | 04/15/21 |
| metal pervert telephone | 05/11/24 |
| Slate stubborn corner | 05/11/24 |
| buff forum ratface | 04/12/24 |
| balding bistre plaza brethren | 05/11/24 |
| Saffron Spot Twinkling Uncleanness | 05/11/24 |
Poast new message in this thread
Date: April 14th, 2021 8:12 PM Author: vivacious frum home chad (http://www.autoadmit.com/thread.php?thread_id=4810835&forum_id=2...id#42281168) |
Date: April 14th, 2021 8:18 PM Author: Titillating Judgmental Prole Would be my dream. The problem is that single family homes are also going to like 1000$/oz |
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Date: April 14th, 2021 8:22 PM Author: vivacious frum home chad i read a whitepill about weimar germany how real estate was actually extremely cheap during hyperinflation relative to gold
you could buy a 5 BR house in swanky part of berlin for $100 (5 ounces of gold)
basically what i understand is that because of the length of leases, hyperinflation actually pwns landlords in the short term. ie you rent out your property for $5,000/month, then a month later $5,000 doesn't pay to fix the toilet int the property. but the landlord is still stuck getting $5K for a year or w/e.
add in to the mix that real estate is currently overvalued and silver is the most underpriced asset in the world, and you get even more favorable price action when they converge to equilibrium in real terms |
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Date: April 15th, 2021 1:07 AM Author: Titillating Judgmental Prole In a totalitarian state, the less movable the asset the less valuable it is. Houses are the worst asset class of all. |
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Date: April 15th, 2021 1:24 AM Author: vivacious frum home chad yeah they get taxed to hell during hyperinflation too (http://www.autoadmit.com/thread.php?thread_id=4810835&forum_id=2...id#42283241) |
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Date: May 11th, 2024 12:40 PM Author: metal pervert telephone This is true.
However - using silver/gold to buy property can also be a smart move - which is what happened in Weimar as well.
At the worst of it a few ounces of gold bought you an entire appartment block - or simply buying real estate with debt, then holding PM’s and selling a small fraction to pay off the debt.
At least one person sold all his hard assets for “worthless” paper money at the worst of it and then turned around and extend loans when the population needed legal tender to settle debt.
As you said though - the length of the leases is always an issue, especially in the US with rent control in many places now. Oakland CA is a major example of this - they have had rent control for a long time in that city and the annual % you could raise was always tied to inflation…until inflation actually became an issue and then the legislature simply changed their mind overnight and put a flat cap on rent levels. All over a few %. If you structure a lease right you can mitigate a lot of this (don’t pay utilities/garbage). |
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Date: May 11th, 2024 12:46 PM Author: Slate stubborn corner Key strategy for hyperinflation is:
1) Real estate.
2) Secured with fixed interest rate loans.
3) “Reserves” (for repairs, etc., or to acquire more real estate) held in precious metals.
4) Leases not longer than a year. |
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Date: April 12th, 2024 11:08 AM Author: buff forum ratface (http://www.autoadmit.com/thread.php?thread_id=4810835&forum_id=2...id#47577063) |
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Date: May 11th, 2024 10:56 AM Author: balding bistre plaza brethren (http://www.autoadmit.com/thread.php?thread_id=4810835&forum_id=2...id#47653321) |
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Date: May 11th, 2024 10:59 AM Author: Saffron Spot Twinkling Uncleanness LOL (http://www.autoadmit.com/thread.php?thread_id=4810835&forum_id=2...id#47653332) |