Unaffordable Housing Market Still Due To Correct By 30-40% | Nick Gerli
Thoughtful Money with Adam Taggart
The Value of Real Estate Investment
When investing in real estate, the key asset is the land, not the structure on it. While buildings depreciate and require maintenance, the land appreciates in value over time. It is crucial to assess the intrinsic value of the land when purchasing real estate. Unique land tends to have better long-term appreciation potential compared to replaceable land. Therefore, when considering a real estate investment, focus on the land's characteristics as it plays a significant role in determining the overall investment value.
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