We think that Real
Estate is an investment but only for personal and family reasons.
Owning his own house is, from our point of view, a key element in
life.
If the prices of
asset increase, it s only because of inflation and speculation on
market …. Real Estate market is extremely expensive in Paris,
London or New York but what would happen in case of … Civil riots
or economic collapse in these cities ??? The prices of real
estate should collapse too ..
The new French
President would like to eliminate wealth tax on financial portfolios
… He thinks that the financial investment is more productive than
the real estate investment.
In his mental
paradigm (Globalization, inflation, big corporations, low rates by
the Central Banks ) , he is absolutly … RIGHT !!! Real Estate
has a cost, not financial assets.
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