Last month, Keepting Current Matters reported that billionaire John
Paulson believes in the financial advantages of
homeownership. He has often repeated: "I think, from an individual
perspective, the best deal investment you can make is to buy a primary
residence that you're the owner-occupier of.” However, he has not been the only
billionaire to give such advice. As a matter of fact, that same advice has
been given by people of wealth throughout the history of our nation. Here is
a quote often attributed to Theodore
Roosevelt, 26th President of the United States and
billionaire real estate developer: “Every person who invests in well-selected
real estate … adopts the surest and safest method of becoming independent,
for real estate is the basis of wealth.”
Andrew Carnegie, one of the richest
entrepreneurs in American history said:
“90% of all millionaires became so through
owning real estate.”
Bottom Line If the same advice has been given by the wealthiest people in each era of our country’s history, perhaps we should take it. |
Looking to Buy, Sell, or Invest? Contact:
David Demangos
858.232.8410
Locally Known, Globally Connected
Luxury Home Marketing Specialist
Global Property Specialist
David@AwesomeSanDiegoRealEstate.com
www.AwesomeSanDiegoRealEstate.com
Our Team Goes to Extremes to Fulfill Your Real Estate Dreams!
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