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Real Estate Investing, Labor Day, and Days Ahead

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As the national celebrates Labor Day, one cannot help but think what else awaits us in the coming years. We are, after all, marking this year’s Labor Day with a stinging 9.6% unemployment rate. While some of us who are in real estate investing may fare better than others, I can’t help but think about those who are unemployed.

Being jobless leads to lack of self-esteem, which could lead depression, and you get the point. And if Labor Day news is any indication, the country might be under this condition for a few more years. As warning, this isn’t directly real estate investing news, but is related nonetheless.

Citing experts, a report said that once the economy begins giving birth to jobs, these jobs will mostly benefit two types of workers: highly skilled professionals and low-skilled workers. As for those who are in between, they would to choose between a low-paying job or no job at all.

“Our occupational structure is really becoming bifurcated. We’re becoming more of a divided nation by the work we do,” one expert said. I have a simple, but really honest suggestion for those in the middle. Try investing in real estate, specifically shorter forms of real estate investing like rehabbing or wholesaling. I mean I’ve always believed that I should get what I deserve, not what is given to me. That is why I’ve always tried to find other ways of making money in legit ways other than sitting in a cubicle all that. Then again, that’s just my two cents. Happy Labor Day to everyone!

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