Bricks And Mortar Investing

"Isn’t there a real estate bubble in the US right now?" It’s a question I’m asked often these days, and it’s an interesting question, because the real estate market in the US is so developed, and very specialized now, there is no simple yes/no answer.

Yes, some areas, particularly residential property in major metropolitan areas are expensive. And not just in the US. I hear property owners in places as far as Sydney and Auckland talk about local housing bubbles. Others, like our investment area in downtown Seattle, are still reasonably priced. Our category is commercial/industrial, and our area has always had very low turnover. Warehouses are not sexy, but over the years have grown steadily.