Bill Bonner: The Opportunity of a Lifetime – In Real Estate

Bill-Bonner2

“At Bonner & Partners Family Office, the family wealth advisory service my son Will and I set up in 2009, we struggled with the same thing. But fortunately, we have recommended high allocations to real estate since the start.  Although the bust is over in America, bubbles are developing elsewhere… especially where they speak English. According to The Economist, house prices are 20% too high in Britain, 46% over fair value in Australia and 74% over fair value in Canada. In non-English speaking countries, too, real estate booms may be turning into bubbles, thanks largely to government policies. Yes, the authorities are fooling with interest rates… and giving buyers an opportunity.”

http://www.bonnerandpartners.com/the-opportunity-of-a-lifetime-in-real-estate/

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