I've invested $3.5 million into real estate and want to invest another $1.5 million - is this reckless given my income?
Briefly

from 24/7 Wall St.2 months ago
The dynamics of real estate ownership varies widely depending on your financial circumstances. Housing for the average homeowner and high net worth individuals is not the same.
24/7 Wall St.https://247wallst.com/personal-finance/2024/12/09/ive-invested-3-5-million-into-real-estate-and-want-to-invest-another-1-5-million-is-this-reckless-given-my-income/
For most people, a home is a sanctuary and a foundation of their financial future, while for the wealthy, real estate is a multifaceted investment.
24/7 Wall St.https://247wallst.com/personal-finance/2024/12/09/ive-invested-3-5-million-into-real-estate-and-want-to-invest-another-1-5-million-is-this-reckless-given-my-income/
Over the past decade, home prices have risen by an impressive 63%, reflecting a steady 5% annual growth rate, yet they remain 7% below the peak achieved two years ago.
24/7 Wall St.https://247wallst.com/personal-finance/2024/12/09/ive-invested-3-5-million-into-real-estate-and-want-to-invest-another-1-5-million-is-this-reckless-given-my-income/
High-net-worth individuals can afford to diversify their portfolios with million-dollar estates, often leveraging these properties to build even greater wealth.
24/7 Wall St.https://247wallst.com/personal-finance/2024/12/09/ive-invested-3-5-million-into-real-estate-and-want-to-invest-another-1-5-million-is-this-reckless-given-my-income/
Read at 24/7 Wall St.
#real-estate #housing-market #investment-strategies #high-net-worth-individuals #financial-dynamics
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