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Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business
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Is Real Estate a Bad Asset Class?
I don't know how the disruption will manifest itself, and i hope it doesn't until i shed my mortal coil. I'm not suggesting that we're headed towards broader military conflict. But in a world where assets are allocated because a group finds that they can vote themselves benefit to the detriment of another, that the ending is not happy. You get value in real estate because you deliver value for your tenants. The idea that my return on capital employed increases with inflation, while my cost of capital, which is to say, my mortgage, stays fixed, is a love an, a love debt, a gift from god. Thank you Ri.
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