American Dream Keeps Real Estate Investors Alive… and Rich!
1 comment so farWhen news about a demographics expert interviewed about the “American Dream” came out, it just occurred to me that he was going to say what I wanted to hear: that the American Dream will not be downed by the problems brought by the 2007 housing crisis. Real estate investors know this, despite having little fears.
American Demographics magazine founder Peter Francese said: “The culture of America is the single-family dwelling, period.” According to him, culture is unlikely to change that fast. In short, if Americans will shun the idea of home buying for good, it would probably happen decades from now. That makes real estate investing a viable business at least in the next few decades.
What touched me more was his other quote: “Embedded in the minds of every young American — the ultimate dream — is to buy a home.” Real estate investors or otherwise, a lot of people will surely agree to this statement by Francese.
After all, it’s better to think of it that way. If the American Dream were to die, real estate investors would have to change their focus from single-family homes to other possible niches. Not that it’s a lot of work shifting to another niche; the business of single-family homes is a noble one. This form of real estate investing allows investors to earn a lot and help home buyers realize the “American Dream.” What could be a better source of livelihood?

November 11th, 2011 at 12:12 am
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