+i for the inflation comment. This is a big driver for my current investment approach. The opportunity to pick up a large, real asset at rates below the inflation I personally experience (US gov't published inflation rate is lower than mine), in market with significant appreciation due to positive population metrics (Austin TX)

Note that you should always spread risk in your portfolio, but housing at nominally negative rates should have youngers investing if they can. Buy something small and close to the city core.