1. When certain areas suck -- go somewhere else!


2. Supply & demand. If you've got something people want, up your prices.


3. When something's going down, something else is going up. There's big money to be made in a crisis.


4. The fundamentals (of becoming richer) stay the same over the years. Learn them and apply them.
   

Tags: realestate, robert kiyosaki, supply and demand, rich dad

Kenny and Robert talk about Real Estate and how people (in the US) are moving back into rentals after the sub-prime mess. I think we're only a few months behind them insofar as what's going in Real Estate is concerned. People are losing homes and buying property has become increasingly difficult for the middle-class (you and me!)

Take-home lesson here is: If you have the capacity to buy property and you can handle further problems with the interest rate, buy now and weather out future problems with inflation.

Tags: realestate, rich dad, robert kiyosaki, rental property