If you’re interested in real estate, regardless of where you’re located or why you’re interested in it, you’ll appreciate these quotes, said by prominent investors, entrepreneurs and even movie characters. Each different in style and message, they are all simple anecdotes about the appeal of the industry and concept in general.
“Real estate investing, even on a very small scale, remains a tried and true means of building an individual’s cash flow and wealth.” ― Robert T. Kiyosaki , an American investor and businessman.
This quote sums up the advantages of buying over renting. Even if the extent of your property investing is one house, condo or plot of land, buying is a way to secure a safe financial situation for you in the future. If you can go beyond investing in a single property to live in yourself, real estate is a tried and true way to make an income and grow wealth.
“Real estate is the best investment on earth, however, when the music stops playing, which happens occasionally, don’t be the one left without a chair.” ― Steven Ivy – Attorney Entrepreneur
While real estate investing is one of the safest ways to grow your wealth, this quote points out that it’s highly important to be aware of the market, which isn’t always going to do well. What Steven is saying, referring to the children’s game of musical chairs, is that you don’t want to be running around unaware of what’s going on and then suddenly find yourself in a position where you lose out.
“My grandfather used to say ‘It is my house I am paying the bills.’ My dad used to say ‘this is my house I pay the mortgage.’ My generation is saying ‘this is my house I pay the rent.’” ― Gabor-B Csaba; a finance and investment analyst, as well as serial entrepreneur.
This quote pinpoints an interesting point about the demographic of property seekers while illustrating a possible indicator for a major turn in the market over the next decade or so. There is an increasing trend that millennials are not as interested or concerned about buying property as the older or previous generations have been. This could be due to a variety of factors; evolving social norms, the recent global financial crisis and instable job markets, to name a few. Regardless of the way, it’s something that both real estate professionals and investors should be aware of.
“Why, land is the only thing in the world worth workin’ for, worth fightin’ for, worth dyin’ for, because it’s the only thing that lasts.” – Gerald O’Hara, Gone With The Wind.”
Here’s a bonus quote for the romantics out there. In the classic film Gone with the Wind, the main character’s father foreshadows many of the most dramatic scenes by telling his daughter why he cares so much about his home. About his land. While the movie takes place in the no-longer existent southern Confederate United States, the message behind this romanticized quote still rings as true as ever. It’s why the real estate industry serves as an indicator for national economies. Land lasts, and it will only ever become more in demand.