Ahhhhhhh, for ME, I would certainly say so. A house on my Island neighborhood just sold, and on strictly a per sq ft. basis my house shot up 30% from what I bought it for 6 months ago!! That's an official "comparable" I can use for appraisals and sale. PLUS, my house is more updated with marble bths, kitchen, etc. AND has a pool (I saw this guys house before it sold.)
Now, I've seen a lot of posts about bubbles and bursts but I don't know, MIAMI is speeding along and shows no sign of let up. YES, perhaps in 1 1/2 - 2 years when all the new condos go up and become occupiable, and the investors have no one to "flip" them too. But not 'till then.
GFY and porn have been good to me, I'm a very small time content producer. It got me this house. But comparatively I got crushed on the stock market years back, and it took four years doing porn to get this house, so I would say REAL ESTATE is my best investment yet! What do YOU think?
(I posted these a while back, but here are a few pics of my house)
