so they have a chart that shows the top 1% holding more things like stock/mutual funds as a % then realestate. Of course they do they probably get loaded with i

so they have a chart that shows the top 1% holding more things like stock/mutual funds as a % then realestate. Of course they do they probably get loaded with it from companies they create or join as an exec. As a part time real estate investor and someone that started owning when I graduated college its a cheat code to being independently wealthy. How else can one get a bank to leverage 80% of the risk but if I sell they don't get a any of the equity gains. I also can 1031 gains into more rentals and not pay tax on the sale not to mention depreciation. I have my kids college paid for and retirement setup thanks to realestate. Not to mention my kids will be given at least 6 units to either collect rent or sell. Sure don't view your home as an investment but to say the rich dont see the importance of real estate is nuts. While I think homes should be affordable to everyone and housing shouldn't be seen as an investment its the world we live in and I like many many other people before me used to set themselves up for long term success.