The Housing Sector Is Waving Red Flags

by Chad Shoop
The Sovereign Investor

“Looks like we are done swimming for the day,” my son said as the lifeguard put up two red flags to tell everyone the beach was closed. “Why did they close the beach?”

As we were walking back from the beach, I explained that the lifeguard had spotted a shark in the area. My son replied that lifeguards are one of the reasons he likes coming to the beach. “They can warn us when sharks are around.”

This wasn’t our normal routine, as we usually frequent an area of the beach with no lifeguards. This means a lot fewer people, affording us our own “private” beach, without the costs.

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