Did you ever really stop and ponder how much a trillion dollars is? The media tosses it around in stories like you could find that much in pocket change under the couch cushion any given day. But how much is a trillion dollars – really?
If you were to sit down with a very large book of matches, an inexhaustible supply of Meals Ready to Eat, and burn up one million dollars every day it would take you 3,000 years to turn one trillion dollars into ashes. So…a trillion dollars is a whole bunch, right? But are the trillions of dollars the federal government is racking up in debt going to send the United States into financial Armageddon. Well, that’s a pretty strong word. We don’t think it’s likely there will complete collapse of society but it could get hairy for a while. And at the end of each day, every human must still meet three basic needs, food, clothing, an shelter. Ahh – did we say shelter? Yes, we did.
As a property investor, you will control the asset everyone needs. They still need a place to sleep and are going to have to rent it from someone. Why not you? Housing is a universal need that’s not going anywhere.
Collecting rent during societal decay? Now that’s a whole ‘nother matter.
Flickr / a whisper of unremitting demand
