Investments strategy with new administration?

[ultrarunner]

Interesting to hear how places around the country are still building…

2019 things were going gangbusters where I live is the SF East Bay… now no more.

 

[mike69440]

Just bought some crypto in an ETF recently. Thought is was working out until today with the Chinese Deepseek thing. My chip stock really took a hit too.

 

[MossRoad]

It isn't always low price markets. Unless you want a brand new, unoccupied house, homes are insured for more than they cost to build because building prices keep accelerating faster than the real estate market- and that was before the massive So. Cal. fires.

All the best,

Peter

Yeah, I realize that. However, it's been like this for 30 years here. It's a weird area. Very affordable.

 

[jyoutz]

Interesting to hear how places around the country are still building…

2019 things were going gangbusters where I live is the SF East Bay… now no more.

Too expensive to build there. Most people don’t want a 50 year mortgage.

 

[ponytug]

Yeah, I realize that. However, it's been like this for 30 years here. It's a weird area. Very affordable.

I know. It has been one of the most affordable large cities in the US for most of that time. Plus, really nice people!

All the best,

Peter

 

[ultrarunner]

Too expensive to build there. Most people don’t want a 50 year mortgage.

The market collapsed especially commercial...

Profitable and very profitable businesses shuttering because of rampant crime and OPD hands off policy for property crime.

Cost of building includes protecting job sites from theft.

President Carter was hands on with Habitat a block from where I was working and I saw the news crews and security... job site robbed...

Demand evaporates when people no longer feel secure.

 

[Lineman North Florida]

I'm making around 10% in the Market and I'm going to let them decide what to do with it. I know nothing about the Market and I figure they are charging me for their knowledge, so I'll listen to what they say.

I also have some land, and I'm wondering if it will continue to increase in value like it has in the last few years, or will people dump land and put their money into the Market?

From what I've seen before, the value of land seems to go up when the Market is unstable. But when the economy is doing great, then people want to cash out and buy Stocks for a greater return then they are getting with land.

More than likely, I'm not going to do anything different and hope for the best.

You can never go wrong with land Eddie, it like other things may fluctuate in value in the short term but will always pay off big in the long run.

 

[ultrarunner]

I use to think this way but there are exceptions...

Zoning changes, crime, cost to hold, proximity to toxics, opportunity costs all factor.

One of dad's friends owned a business in Detroit with property to expand... in the family for years but in the end sold for pennies on the dollar...

 

[jyoutz]

The market collapsed especially commercial...

Profitable and very profitable businesses shuttering because of rampant crime and OPD hands off policy for property crime.

Cost of building includes protecting job sites from theft.

President Carter was hands on with Habitat a block from where I was working and I saw the news crews and security... job site robbed...

Demand evaporates when people no longer feel secure.

Also when a 1000 square foot box sells for $1M+. People can go elsewhere and buy a nice estate for those prices.

 

[ponytug]

You can never go wrong with land Eddie, it like other things may fluctuate in value in the short term but will always pay off big in the long run.

Not in my experience, and, I suspect for many fire and weather (e.g. hurricane and flood) at risk properties.

I would bet strongly on insurance becoming much more expensive given recent events, even without any bets on the future being more variable than the past, especially in California and Florida.

Holding costs for land aren't usually zero, though in the right location, they can certainly be income streams. Growing up, I saw crop land prices go up and then go down as farm sizes expanded and small acreage was no longer economic to farm. There are lots of variables, and, unfortunately many of them not under the speculator's control. What would happen if building permits went up 10x, or insurance 10X, or if the whole state was taxed to pay for the remediation of some poorly constructed cities, or the home mortgage deduction ended completely? Just sayin'...

All the best,

Peter