According to the work of a very famous psychologist who was also a proponent of many interesting theories about human behavior, there is a hierarchy of needs that a man has to attain to be able to say that he has lived a long and full life. This hierarchy is presented in the form of a pyramid that has five levels. At the bottom are the physiological needs and culminates with self actualization.
At the base of the said pyramid, it is said that man has to fulfill his physiological needs before moving higher up the pyramid. So, one has to have shelter, food, and clothing first before anything else. This is why others grow crops in their backyards. This is why people sew clothes. This is why cape coral waterfront real estate is a good choice for an investment.
On the other hand, there are also those that think owning a house is a good money investment. Yes, you will have to spend money on repairs and maintenance, but they are not done on a monthly basis anyway. Besides, they point out, it is a lot easier to spend on your own property than to spend on a rented home which you know will not be yours anyway.
Whichever it is that is more practical, one can never tell. It varies from people to people. There are some circumstances wherein one cay say renting is better, and there can also be situations wherein owning an abode is the only smart option. But, whatever circumstances you may find yourself in, you can not contest the plain truth that man needs to have a sturdy roof over his head to be able to live safely and comfortably.
Actually, real estate encompasses many things. It is comprised of the land in exact measure, and all that is found within the limits. It includes the infrastructure that is erected on it. It includes the natural elements within the boundary, such as the trees and rocks, even boulders and overgrowth. In the cosmopolitan setting, the term refers to buildings, sky scrapers, and housing projects.
There are many good reasons for investing in real estate. One good reason is that it provides excellent leverage. You can easily obtain the help of the bank when you use tangible buildings as compared to a share portfolio for security.
You can also be assured of a steady flow of cash coming in. For example, if you put up a property for rent, you can count on a monthly income in the form of rent fees. The income derived from these are also free from taxes due to mortgage interest.
Unlike liquid shares that rely heavily on the uncertainty of the trends in the stock market, real estate is a more reliable source of money. Population explosion has lead to an increased demand in quintessential needs, and a house is always one of them. Its value steadily increases as it is more appreciated.
Lastly, perhaps the very best thing about this is that it is a good retirement plan. Your properties can fund you so that you can live a comfortable retirement. There are some who never thought of making their money grow for them, so as a result, they often never retire, but instead work until they can no longer be employed.
At the base of the said pyramid, it is said that man has to fulfill his physiological needs before moving higher up the pyramid. So, one has to have shelter, food, and clothing first before anything else. This is why others grow crops in their backyards. This is why people sew clothes. This is why cape coral waterfront real estate is a good choice for an investment.
On the other hand, there are also those that think owning a house is a good money investment. Yes, you will have to spend money on repairs and maintenance, but they are not done on a monthly basis anyway. Besides, they point out, it is a lot easier to spend on your own property than to spend on a rented home which you know will not be yours anyway.
Whichever it is that is more practical, one can never tell. It varies from people to people. There are some circumstances wherein one cay say renting is better, and there can also be situations wherein owning an abode is the only smart option. But, whatever circumstances you may find yourself in, you can not contest the plain truth that man needs to have a sturdy roof over his head to be able to live safely and comfortably.
Actually, real estate encompasses many things. It is comprised of the land in exact measure, and all that is found within the limits. It includes the infrastructure that is erected on it. It includes the natural elements within the boundary, such as the trees and rocks, even boulders and overgrowth. In the cosmopolitan setting, the term refers to buildings, sky scrapers, and housing projects.
There are many good reasons for investing in real estate. One good reason is that it provides excellent leverage. You can easily obtain the help of the bank when you use tangible buildings as compared to a share portfolio for security.
You can also be assured of a steady flow of cash coming in. For example, if you put up a property for rent, you can count on a monthly income in the form of rent fees. The income derived from these are also free from taxes due to mortgage interest.
Unlike liquid shares that rely heavily on the uncertainty of the trends in the stock market, real estate is a more reliable source of money. Population explosion has lead to an increased demand in quintessential needs, and a house is always one of them. Its value steadily increases as it is more appreciated.
Lastly, perhaps the very best thing about this is that it is a good retirement plan. Your properties can fund you so that you can live a comfortable retirement. There are some who never thought of making their money grow for them, so as a result, they often never retire, but instead work until they can no longer be employed.
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