Stock markets go up, down and sometimes crash with devastating effects. The roller coaster feeling can be nerve-wracking, to say the least. How can you protect yourself from this instability?
The answer is simple: invest in real estate and housing.
“The old joke about real estate is, they ain’t making any more of it,” notes NEWSREP. “And that’s true. It’s a hard, tangible asset that generally stays afloat even when the economy bobs uneasily through treacherous waters.”
According to the news website, statistics show that housing is buoyant in rough economic times: In the past four recessions, Laurie Goodman, founder and co-director of the Housing Finance Policy Center at Urban Institute told NEWSREP, home prices dropped in only one of them. Case-Shiller’s index further shows that in 19 bear markets since 1952, home prices went up in all but the 2007-2008 housing crash.
With experts predicting an economic slowdown in 2019, this information can be your ticket to sanity. “There’s still demand for housing, and limited inventory in many parts of the country,” notes NEWSREP. “If stocks stop paying off in 2019, equity in housing may be your best answer.”