The main reason I know people invest in real estate is because it's considered a relatively safe store of value, even if it incurs losses. "Location, location, location" is the mantra of real estate as well, as some places will be developed and appreciate in value while others might depreciate. Of all the investments which can suddenly disappear for various reasons, real estate can at least be rebuilt upon if the property burns down.
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The main reason I know people invest in real estate is because it's considered a relatively safe store of value, even if it incurs losses. "Location, location, location" is the mantra of real estate as well, as some places will be developed and appreciate in value while others might depreciate. Of all the investments which can suddenly disappear for various reasons, real estate can at least be rebuilt upon if the property burns down.