Im not sure I agree. Maybe Alberta is diff. I think you need to multiply by the USA correction factor or something. Homes are probably peoples biggest asset here in the states. Someone could grow and leap frog homes making significant value increases here in the last 25 years. Our parents did the same thing. Land here was 2500 and acre in 1996. Its 20,000 now. Thats 87% increase. 100 acres would have been 250k in 96 and it'd be 1M now. Thats without a fancy house on it that would have went from 200k to 600k.

homes require you to keep putting money in them. Interest, taxes, insurance, maintenance and labor They are an investment that costs yearly to own.

Homes/land have increased because the money supply has increased,,,,, dramatically!!!

Reducing the purchasing power of the dollar

And the money supply going to continue increasing big time!

It’s the only way to keep things rolling


Along with everything dirt just pointed out,,,

rental properties can make money. homes you went into debt for not so much. so can agricultural property

Sure, rentals and agricultural land can make money,,,


Until there’s a bad renter, or a bad growing season

even in a bad growing season ag property keeps its value with little expenditure. especially with ag subsidies and insurance

Even a bad renter can still be good with government subsidies

Government subsidies tend to do that,,,,lol



That’s why the dollar is decreasing in value,,,,,,

The money is broken,,,,,,

I'm not sure I agree. Please explain

It was a short term ban on silver 5-10 years,,

Not sure how long it actually was

Would be easy to look up

I understand now. I wasn't sure if you were referring to the ban or the subject of the thread title.

They can ban things all they want. Fentanyl is illegal yet easily obtained

They did not ban the ownership of 18k jewelry. There is always a way.

The house I went into debt for five years ago is worth quit a bit more than when I bought it and I haven't spent that much in maintenance if any in five years. Housing can be an investment. I can see how people living somewhere where it wasn't though but technically those people could move to somewhere that was more beneficial. i.e. you know they are printing money. you know assets are going to increase. why not get a bigger asset? Why not do that a few times and make a few bucks?

Maybe I just live in a place where that is more possible than others. Its not like that in the middle of nowhere NE I know. Best of luck to everyone.

Who moved during COVID? Did you see a big increase in home value?

Increasing the money supply, also increases equity prices. Happened big time during covid.

The quicker you pay a house off, the better investment it will be.....mortgage interest cuts into the investment.