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Saturday, March 30, 2024

Be careful if you go away on vacation!

 This has become a nightmare for home owners who may suddenly find their home being occupied by strangers "legally" and difficult to get it back. I have heard many such stories from friends, which has become increasingly common in those bloody Blue States, like New York and California. 

So think twice what you need to do if you are planning to go on vacation, especially for prolonged period of time. You lovely home may not be yours when you are back!

 

Why Isn't More Being Done To Stop Squatters & Squatting?

Imagine returning home to find it occupied by strangers who, protected by pro-tenant laws, have more rights to your property than you do. In the U.S., squatters can legally become tenants after 30 days, turning eviction into a costly, drawn-out court battle. This perverse scenario has fueled a rise in "squatter rights," challenging homeowners nationwide. Faced with a system that seems to side with squatters, some, like Flash Shelton, have taken matters into their own hands, launching services to reclaim homes from these modern-day invaders. As this trend grows, one can't help but wonder: How have laws intended to protect the vulnerable been twisted to empower a new form of opportunistic criminality?

Friday, March 29, 2024

How much will gold keep your purchasing power

 

 Charles-Henry Monchau is the Chief Investment Officer at Syz Group. He recently posted that the average price of gold in 1920 was $20.68 per ounce. Today, it’s worth roughly $2,100 per ounce. That’s a 100x increase.

Meanwhile, in 1920, the average house price in the U.S. was between $5,000 and $6,000. In 2023, it was $492,000. That’s in increase of roughly 80x – 100x.