Richard Drury Co-authored by Treading Softly A glance through the history of humanity has shown us that one of the most frequent and common means of developing and growing wealth is to own land. For any commodity, its value is heavily dependent upon the fact that there is a limited supply of that commodity available. This is one reason a limited quantity of Bitcoin ( BTC-USD ) available makes it have more value.
This is the same reason why gold and silver have long been units of holding value – because there is a limited supply of them available, and you're able to value other things against them. Before we started trading in coins or digital tokens, there was something a little more tangible — land. Land has long been a means of showing wealth, as owners were able to use that land to produce food or other goods that they sold and were able to pay their employees.
Owning land and, therefore, owning real estate continues to be a proven way of generating wealth. Many develop their wealth and riches through land ownership by being a landlord and renting out houses. You don't necessarily have to buy individual homes, rent them out, and deal with tenants, toilets, and taxes.
Instead, through the financial markets, you have several options to own and have exposure to different types of real estate, all while collecting fantastic income from them. Today, I want to take a look at two options for owning real estate that I find to be fantastic deals today. Let's dive in! Pick #1: G.