More money has been made in real estate than in all industrial investments combined. – Andrew Carnegie
That is a big statement to make, but it comes from quite a trustworthy source, Andrew Carnegie (bio is under the image below). We are literally talking about billions of dollars.
Year after year (sometimes in months or even days) in most markets in the United States and Canada, real estate has been appreciating, and it seems to never stop. That’s great for property investors and home owners, but lights a fire under sellers to get into the game.
The main message I believe Mr. Carnegie is saying is that real estate is a sound investment to make, a great industry to work in and a sure way to come out on top. It was in his day and it is in ours.
So, what are you waiting for? Jump on in! The water is warm.
What do you think?
Andrew Carnegie was a self-made steel tycoon and one of the wealthiest businessmen of 19th century. He later dedicated his life to philanthropic endeavors. Andrew Carnegie was born on November 25, 1835, in Dunfermline, Scotland. After moving to the United States, he worked a series of railroad jobs. By 1889 he owned Carnegie Steel Corporation, the largest of its kind in the world. In 1901 he sold his business and dedicated his time to expanding his philanthropic work, including the establishment of Carnegie-Mellon University in 1904.