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    Is real estate the biggest industry?

    Posted By : Prerna Singh 1 year ago Discussions

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  • Propscience 1 year ago

    People purchase homes for one or both of the following reasons: (a) when they would prefer to live in their own residence rather than continue renting out, allowing them to customise and personalise their homes; and (b) to build wealth, you will always need an asset allocation or diversification strategy, and purchasing real estate would be one of the cornerstones of such a move. Real estate commands its own worth regardless of changes in exchange rates since it is a tangible asset. It would resemble other commodities like gold more or less. One of the pillars of every asset allocation plan is property.A cornerstone asset class in every wealth strategy, real estate has long been one of the most effective ways to build wealth that can be passed down through generations.

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