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Oh yeah, we agree on that too. With the collapse of commercial real estate, I don't see how real estate prices remain high either.
I don't know how to identify investment real estate. Lots of people get paid to do that and I have no reason to think I have some special insight that they haven't already acted on.
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Yeah, I agree there are likely pockets of land in certain areas that might make for compelling investments... but I don't have a good idea of where those pockets might be or what they might be used for. Any ideas?
To add to all of what I said above, people are also spending way more time at home and on their screens than ever before, so aside from a primary residence (which I don't consider to be an investment), it's really hard for me to see how land retains its value.