Posted: 15 Jan 2014 09:26 AM PST
One of the adages I was raised with is if you want to be successful, watch what successful people are doing. I would assume this would apply to investment real estate and the super rich do like to invest in real estate assets. The European rich like real estate the most holding 31 percent of their assets in properties and buildings. This would make sense as more people tend to rent than own in Europe. The United States has 19% of it’s private wealth in real estate.
The road to great wealth does flow through real estate, that we know. But it is interesting to see the well off are also focused on diversifying their assets in commercial and residential real estate.
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