yeah so two points on that, first the gain at sale can be avoided through 1031 sec of tax code, effectively providing tax shelter, similar to how unrealized gai

yeah so two points on that, first the gain at sale can be avoided through 1031 sec of tax code, effectively providing tax shelter, similar to how unrealized gain in stock but even more flexible as it allows you to switch asset classes (like kind swap). Tax aside, there's also the leverage. I can put down 5% and loan 95% to get 100% of the return of investment with exceedingly low interest the federal banking system subsidized for housing as a necessity, vs. commercial loans, but essentially doing this as business endeavor. By the end of all that, I can even offset income with the interest expense, the only loophole on interest expense remained in tax code. So folks are doing this all day long. You can't really do that with stock, or you face the ridiculous rate in margin trade. The leverage plus tax benefit allows wealth accumulation over time.