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Which is the single best thing toinvest in?
This is a trick question.
There is no single best investment vehicle.
One way to diversify is to invest in real estate.
But is that a profitable move?
key points Singhbrought to our attention in this post.
In the past decade, real estate prices have soared.
In 2016, the median home was selling for about 5.5 times the median household income.
Nobody knows whats going to happen, Singh said.
Take everything that you see and hear with a grain of salt.
Here is where things can get sort of confusing.
Were getting a lot of mixed data, Singh said.
Some data indicates that rental prices will be going up in 2025.
Other data suggests the opposite.
Its important to have avery local overviewof your market.
Additionally, pay attention to whats happening across the broad rental economy and the U.S. economy at large.
Trump has talked about making more federal land available to potentially build real estate, Singh said.
Meaning sellsome federal landso developers have access to more land to build more properties to house people.
During his presidential campaign, Trump promised lower interest rates.
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