This story was originally published here.
In 2011, I personally “backed up the truck” to buy Florida real estate.
To this day, Florida real estate (not including my home) makes up the largest percentage of my investable net worth.
I have been optimistic on housing ever since. So you might be surprised to hear that I am not always bullish on U.S. real estate…
I raised the alarm on the housing market in 2005. We were in a dangerous bubble, and I told readers that it couldn't last.
When the environment in real estate turns dangerous again, I'll be happy to sound the alarm. But let me be clear…
That's not what's happening today.
Part of the reason is what I explained in yesterday's DailyWealth essay. Thanks to low interest rates, the relative value of housing is incredibly attractive.
There's more to it though, as I'll explain today. And there's a simple way you can profit from what's going on.
Let me explain…
The reason I'm still bullish on housing is simple… supply and demand.
In a bad housing market, supply overwhelms demand. Prices fall when the housing market is overflowing with houses.
We aren't at saturation levels right now. In fact, we are far from it.
One way to see this is through the monthly home supply in the U.S. It measures how many months it would take to get rid of the current housing supply at current sales rates.
In January, the monthly U.S. home supply was five months. Today, it hovers around six. Take a look…
Editor's Note: Click here to keep reading.
What goes up 400%+ every four years?
Dear Reader,
Something big is happening in America… and almost no one is paying attention.
A completely misunderstood asset is transforming our world… and making people rich (Barron's estimates at least 20,000 people).
And get this: If you bought and held this asset over any 4-year period, since 2010… the SMALLEST gains you would have potentially seen would have been a whopping 400%.
Even if you bought it on the worst day possible!
But that's only the beginning of the story… it's actually much bigger than all of that.
One of the smartest and richest men I've ever known has produced a simple analysis that explains the full story.
I promise you've never seen these ideas, concepts, facts, and figures, discussed anywhere else. That's because there's simply no one in the financial world who thinks like Porter Stansberry. He is truly one of a kind.
Take a few minutes to see Porter's latest incredible analysis, right here…
Sincerely,
Mike Palmer
Founding Partner, Stansberry Research
P.S. If you want to know why socialism is erupting in America, read Porter's latest. If you want to know why thousands more people are about to lose their jobs, it's all explained here. If you want to know how to potentially make 100-times your money while so many Americans lose potentially everything… this is a must-read. You'll find the full story on our website here…
