The Importance of Real Estate (9/11/12)

Real estate has become such a large part of our economy that now the U.S. economy is extremely DEPENDENT on flourishing real estate. In times of economic hardship, as we have recently seen, the government looks to real estate in many ways to get our economy back on track and raise it out of decline. The following video makes a plead for people to buy or sell a house as our economy depends on it. Another interesting claim was the 2.9 direct jobs that could be created in the industry from builders to real estate agents. I believe this to be a serious issue that people and the government need to consider...home ownership and the real estate sector are a backbone of our economy.I truly believe that real estate and economies of developed nations go hand in hand.

I know that right now I do not want my money tied up in corporations listed on the stock market. I'm tired of watching the daily up and downs and wondering when is the right moment to make plays just to not lose money. I have a basic understanding of the numbers and what is happening, but at the end of the day, your just watching numbers. Not everybody can understand whats going on in the stock market, but starting with just a small rental property can make sense more easily to people and give the investor something tangible. This is great news for individuals because it provides and relatively safe, straightforward investment or on the opposite end of the sprectrum, somewhere to live without tying up much money. Here is an article on the reasons why now is a great time to invest in rental properties. Everything is teed up to make this a great investment right now. Low prices, low interest rates, increasing demand for real estate...how could this not win with a little bit of thought?

http://realestate.msn.com/article.aspx?cp-documentid=23972039

About Andrew

My name is Andrew Michael Bagnall and I am a senior at Texas A&M University. I am currently working towards earning a Finance undergraduate degree and expect to graduate in 2013. San Antonio is my hometown, which is great cause it offers me the opportunity to pursue my hobbies of hunting, fishing, golfing, and football. I plan on attending law school after graduation and want to pursue a career in law focusing on business/corporate, real estate, or oil/gas law.