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ii ucvci pass up me opportunity to expound on the advantages of owning real estate. But it has occured to me that many readers may assume that ownership of real estate, over and above their own home, is not for them because they may make an average working wage. This is far from true.
A large number of Americans own real estate other than their own home, and not all of them are in the higher income groups. The National Association of Realtors recently surveyed a cross section of the public and the results of the questionnaire punctured the myth that real estate investment is the exclusive domain of the well-to-do.
89.7%