Almost all of the S&P gains have been tech stocks.

Like I said, go have a look at what happens when we lose reserve status and get back to me about how what you just said is in any way relevant. Parenthetically bullshit like this is why I invest in real estate.

See what happens to real estate when the boomers start dying.

The reserve status is overblown. The question is if not the USD what asset would reserves go into. Certainly not the yuan with china's currency controls.

Lol you want to know what happens to real estate when the boomers start keeling over en masse? Blackrock et al increase their rental portfolio, rent and land prices continue to rise. What, you think the largest hedge funds on the planet made a mistake when they started investing in residential real estate? Check your assumptions.