We’ve all seen certain assets and investments go in and out of fashion.
However, real estate has long been a cornerstone of the economy at-large, mostly because land is a finite resource and shelter is an essential human need. There will always, then, be a demand for real estate in some form or fashion. For an investor, this lends certain reliability and stability that you would not find in other asset classes.
Although 23% of Americans believe that investing in real estate is the best way to build wealth – more than stocks, starting a business, or getting a side hustle – only 12% bought real estate in the last year.
In today's changing economy, the definition of smart investment choices is changing. According to one recent news story, the expected annual yields for investors in the stock market is significantly lower than it has been over the last century. Rather than returns close to 10 percent, investors can expect closer to an average of five percent yields in the foreseeable future.
