Déjà vu!

The residential real estate market is booming!

The value of condos and houses are skyrocketing and are selling as fast as in 1988 (just like after the 1987 crash)… During unstable times, hard assets are back in vogue to the detriment of the stock market. Tangible assets give us in these circumstances the illusion of security and good value because they can be seen and touched.

In investments, remember that herd instinct is a bad thing. Even though it is difficult to foresee the end of a storm, it is during storms that assets can be found at bargain prices.

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