I have a love hate relationship with Richard Kiyosaki. Sometimes he says things that make my blood boil. He says things that simply are not true and doles out advice that may be highly inappropriate for most people. However he does also have some good things to say and when he says them I like to make it available to you. A recent column on real estate is quite timely and well written. Kiyosaki rightly chastises speculators and tells investors to get ready, real estate may be entering into a time where real investors can dominate again (though I still think that time is a bit off and highly dependent on location). Keep this article in the back of your mind over the next few years.
Robert Schiller, the Yale economist famous for his book "Irrational Exuberance" and calling the end of the tech boom has completed a study that shows that the current U.S. Housing Boom is the Biggest Since 1890. It is an interesting article and Schiller has been instrumental in bringing to vehicles to the market to hedge against real estate drops in major markets - I suspect individual investors will soon be able to utilize some hedging techniques should the need arise.
Scott Dauenhauer, CFP, MSFP
