Asset Appraisals
03/02/2021 |
Through 20Q2, the value of US farmland was $2.6 trillion, and investment grade bonds (BBB rated debt and higher) were valued at $6.4 trillion. That pales compared to Treasury bonds which were worth $19.9 trillion, and US commercial real estate at $20.4 trillion. Equities were almost double that at $37.2 trillion, but top spot goes to residential real estate at $39.3 trillion, almost double 2019 US GDP of $21.4 trillion.