The Ridiculous Story of Housing Prices

When there are no other good alternatives in the marketplace, you have to turn to the bad alternative if you want to put your money to work. By definition, there is no safe 8% return when the safe rate is zero or near zero. And so you're doing something very risky, thus the strip mall next to the vacant strip mall. We can see these things all over the place. All of us have experienced this some degree.