A Housing Expert Speaks: A Deep Freeze Followed By Equilibrium

  • Date: 01-Jun-2023
  • Source: Forbes
  • Sector:Real Estate
  • Country:Jordan
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A Housing Expert Speaks: A Deep Freeze Followed By Equilibrium

Concept of selling a house. A hand is holding a model house above green meadow. Generally, I am a fan of old country music; Hank Williams, Lefty Frizzell, Kitty Wells, Loretta Lynn, and of course, the best of them all, George Jones. I am also a fan of Real Estate Investment Trusts (REIT) as a way to invest in real estate without having to actually having to buy dirt. Non sequitur? New country has artists I admire as well, and one is Jordan Davis, whose song, Buy Dirt is iconic country. It's the story of a grandfather advising his grandson that "the truth about it is, it all goes by real quick, you can't buy happiness, but you can buy dirt." In other words, buy land, they're not making more of it. Before I get into Prince's responses to my questions and my thoughts, I have a history with the REIT concept. Years ago, while on plane, I found an article in a discarded copy of the Financial Times about the Ethical Property Company, now known as Ethical Property, an innovative take on the idea of essentially crowd funding real estate investment before that term emerged. Rather than depend on