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Real estate
ОглавлениеI hate to burst your bubble, but real estate is loaded with counterparty risk, too, even though it’s a hard asset. What if the renter doesn’t pay? What if the area has problems and no one wants to live there and whoever is there is leaving? What if the managers of that area (such as a municipal government) malfunction and the area becomes very unattractive due to crime and other social ills? What would happen to the value of your property?
Whether an area “goes bad” or worse, there’s chaos or war, these are real events happening right now across the globe. If you still aren’t sure about counterparty risk with real estate, then I can’t help you, but a trip to a neighborhood next to Chernobyl may.