Is Real Estate Real
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I have long been an advocate of real estate as an asset class. I’ve written extensively on why it’s not a bubble and why we should buy high quality homes to create long-term wealth. In my most recent article “Realty Ripple Effects,” I explained why it’s essential to buy homes with high equity — as high as 30% of the value of a home — because this creates a powerful real estate ripple effect, which spurs long-term home sales and boosts property values (real estate prices
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In the last 10 years, I’ve been writing about and speaking about real estate and how it works on Wall Street, Wall Street Journal, Realtor.com, The Motley Fool, and many other business and finance websites. It’s all I have been doing, but it’s all I am expert at. But I have to admit I’ve been wrong. Even when Wall Street Journal asked me, “Is real estate real?” I was wrong. When I started writing, I thought it was a
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I bought my first house in 2006 when real estate was hot. It was a fixer-upper in a poorly managed community. I paid $20k for it and quickly discovered a few issues: 1) Poor location, as it’s surrounded by trash cans, graffiti, and loud barking dogs. 2) No sewer system, so I had to dig a pit for a cesspool and flush my toilet manually. 3) The roof leaked in a heavy rainstorm
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Dear Colleagues, I’m very pleased to introduce myself and my new book, titled “Is Real Estate Real?”, which I’m confident you will love. In it, I offer some groundbreaking insights about one of our society’s most profoundly misunderstood, most controversial, and most frequently studied phenomena — property ownership. As a professional writer with more than 30 years of experience, I’ve written extensively on the finer points of real estate since 1987. From 19
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