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Simon’s Town @ Cape Town

Simon's Town Real Estate & Other News

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How Robert Kiyosaki created the sub-prime crisis

Property Investing that Kiyosaki advocates is based on fundamentals. When every man and his dog becomes an investor, you'd better be a good investor, have a good sniffer dog or do something else. But when every man and his dog say there's no more money in it, it may be time to re-think. Demand and supply really, of an essential good, is something that can be monitored closely. I do not think that the speculators are going to like the next five years but the rental chasers may be in for quite a ride. That is the nice thing about long-term investing: sometimes people are in the mood to buy, and sometimes they are in the mood to rent. Either way the landlord makes the rules.

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