Real estate is the “shelter” that is essential for human survival and it is as important as having food and water to live. The majority of people on earth live in a home and go to a place to work. Real Estate is an essential need.
Just like Gold, Real Estate is an appreciating asset. Real Estate over the long term rises in value as there is only so much land on earth that can be developed. When the inventory for housing is limited and the aging and growing population continues to rise, this is one of the primary reasons real estate prices rise over time.