How Robert Kiyosaki created the sub-prime crisis
Oct 21st, 2009 by Johan
Property Investing that Kiyosaki advocates is based on fundamentals. When every man and his dog becomes an investor, you’d better be a good investor, have a good sniffer dog or do something else. But when every man and his dog say there’s no more money in it, it may be time to re-think. Demand and supply really, of an essential good, is something that can be monitored closely. I do not think that the speculators are going to like the next five years but the rental chasers may be in for quite a ride. That is the nice thing about long-term investing: sometimes people are in the mood to buy, and sometimes they are in the mood to rent. Either way the landlord makes the rules.
Posted via web from Simon’s Town @ Cape Town
It’s great to have you back. Thanks.