Real estate vs. the stock market
It seems like people prefer one or the other. After the recent financial housing crisis, a lot of people are leery of real estate as a long term investment. This article points out that real estate has always been a good investment and the last crisis was an anomaly. Real estate stocks, known as REITs, continue to perform well through bear markets.
The new modular
If modular home makes you think of a double-wide trailer, you haven’t seen the latest in modulars. A new condo development will be made up of 24 individual modular units built in a factory in Texas and shipped to Colorado. They are going to be made into a multi-story complex in the Berkeley neighborhood. The goal is to provide some “affordable” housing in the low 400s.
QUOTE OF THE WEEK
“You can’t cross the sea merely by standing and staring at the water.”
See you soon,
Read the full newsletter here: 2018.04.27 – Friday Flyer