the.com/real estate
The only asset you can live inside while waiting to get rich.
means Property in the form of land and anything permanently attached to it — buildings, trees, the works — as opposed to movable possessions.
from From 'estate' (one's property or holdings, via French and Latin 'status') plus 'real,' which here doesn't mean 'genuine' but comes from Latin 'res' meaning 'thing' — specifically a fixed, immovable thing, as distinguished in old law from 'personal' property you could carry off. So 'real estate' originally just meant property-as-a-thing-you-can't-pick-up, a legal category — land and buildings — long before it meant the glossy photos in a listing.
- etymology myth
- Real means royal in old usage, not property
- biggest cost
- Location adds value land itself never creates
- leverage trap
- Most buy with 5x debt, call it investing
- liquidity
- Selling takes months, stocks take seconds