Re: real estate questions....
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Having said that, I would definitely buy it today if I could.
Bingo
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Real estate appears to be vastly overvalued by every one of the metrics you just mentioned. Your investment guru Warren Buffett just sold the Laguna Beach home he has owned for decades claiming that real estate in now ridiculously overvalued. What more do you need to convince you of a bubble?
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real estate is very regional. Just because it is way overvalued in Laguna Beach, CA (which I don't doubt it is), doesn't mean it is overvalued in other places.
Buffett still has vast RE holdings, BTW.
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