Reply #37: And there is also another few reasons.

[Gregorian]

I recall very unhappily that during the last big stock market crash, big time company executives were unloading their stocks and pouring their money into real estate.

There's that, and also the fact that there is only so much land. With billions of people, and a constant amount of earth, people are leaving the less desirable areas and buying up a piece of beauty.

This has consumed my entire life from the moment I had enough money to get my first fixer upper. As hard as I try to get these wealthy people to hand over their money, I can't afford the next step.

There is one key to this mess. And this is why I play in real estate. At some level of real estate value, there will always be a buyer. In other words, if one owns property that is of some value other than just a house, then as the market drops, we all drop together. Ah, what I really meant to say is this- If one is in real estate NOT for the money, and the previous statements I made, then one can totally ignore the "bubble". And that's what I'm doing. I could care less about money. I just want beauty. Enough about me. I can hardly care. I can't expect anyone else to.

It's just a very strange, scary, interesting time we live in. The phenomenon of world population explosion has created some weird things.