California Real Estate Remains Best Long-Term Investment

For the seventh year in a row, Gallup is reporting that more Americans prefer real estate over other long-term investments as a vehicle for wealth growth.  The total numbers align like this:  35% prefer real estate, 21% prefer stocks, 17% CDs/bank accounts, and 16% prefer gold.

The Gallup Poll goes on to state:

“Americans have become less likely to view stocks or mutual funds as the best long-term investment after U.S. markets dropped by more than a third as the economic implications of the coronavirus outbreak set in last month.”

The obsession with the stock market took a hit with the dot-com bubble crash of 2000.  This event sucked the enthusiasm out of Americans’ ideas about investing in that market, however, and they have been mostly negative — and mixed at best — since.

Real estate was and is the No. 1 tangible investment and generally a safe haven for all, especially when financial markets take a plunge.  Billionaire Andrew Carnegie famously said that “90% of millionaires got their wealth by investing in real estate.”  We wanted to know:  Is this still true?  Is investing in real estate still a good idea?

According to nine Advisors in The Oracles, who made millions by investing in real estate, the answer is a resounding yes.  One of the advisors stated:

Most millionaires I know made more money from owning real estate than any other investment. Real estate consistently increases in value over time and outperforms other investments.”

Investing in real estate allows you to better protect yourself and your wealth. While it is true that the California real estate market has gone up and down, it has never had a long decline and just continues to maintain its current strength, despite the recent pandemic. Compare that to when Wall Street collapsed or currencies that aren’t backed by anything tangible.

It’s always a good time to buy real estate. In fact, the real wealth is made by buying when everyone else is selling and vice versa. While many are talking about a recession, the California real estate market is strong, with increasing prices and transactions throughout this sunny state!

If you would like to start on a secure path to wealth without the hassles, think about investing in available Deeds of Trusts through Sun Pacific Mortgage.  We offer California Notes with a higher return up to 13% on your investment.  Give us a call at 707-523-2099!

Click here to find out more about our company.


Best, Forest – The Guy in the White Hat
Hard Money Broker and Co-Owner of family owned and operated Sun Pacific Mortgage & Real Estate, serving all of California since 1988! 707-523-2099   www.sunpacificmortgage.com
CA DRE license #010005559 and NMLS #289456

 

Note:  Get our financing despite bad credit, difficult to prove income, property a fixer, etc.!  We finance Jumbo loans, Bridge and short-term loans, Owner Occupied purchases and refinances, investment purchases and commercial.

The content of this blog contains general advice only and does not consider individual financial circumstances, desired loan amounts or existing real estate or lending transactions. This information is intended for licensed Real Estate Agents and licensed Lenders/Mortgage Brokers and is posted on our company website and specific blog sites with the express purpose of reaching such licensed individuals.

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