Gold, whether it is a house or gold, is an additional product for survival. Even if you buy a large amount of gold, it will still be difficult to cash it out during the Great Depression, but after the disaster, you can cash it out and get funds to support your business development.
The essential function of a house is just a "nest" for people to live in. When the economic situation is good, it can play a role in maintaining and increasing its value. It can even become the motivation and goal for everyone to strive for. When the economy is poor, even during the Great Depression, everyone has only one common goal-to save their lives. In this case, the value of the house will be greatly reduced. Owning several houses is not as useful as owning gold or several carts of grain.
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As long as the house is enough to live in, don’t buy too much, let alone go into debt to speculate in real estate. If you have the remaining money, you can purchase appropriate gold. Gold is more valuable than a house, has no lifespan, and is used globally. You can take it wherever you want. Some economic experts believe that during the Great Depression, the most valuable assets were not gold, houses, or bonds, but food.
According to normal logic, the more depressed the economy, the more firewood, rice, oil, salt, sauce, vinegar and tea will undoubtedly maintain their value, this is certain. However, there are great risks if you hoard these products in large quantities. For example, there are storage risks. These things are difficult to store for a long time. Therefore, although food maintains its value, it is not suitable for large investments.