Quotes & Sayings About Real Estate And Wealth

Wealth and riches, that is, an estate above what sufficeth our real occasions and necessities, is in no other sense a 'blessing' than as it is an opportunity put into our hands, by the providence of God, of doing more good. — John Tillotson

Yet behind all of the populist hot air, and the big shot persona, is a man who is very cunning. As a real estate mogul worth billions, a man like Donald Trump knows how to relate to an audience better than a politician. He has to as each transaction he is working on can increase his personal wealth. Moreover, he doesn't have the time to make the connections while trying to close a deal that an average politician does. He has to, as a salesman, become expert at being a "five minute friend". Every move has to count in building a credible connection that will get him to, and beyond, the closing table. — Robert Montgomerie

Real estate investing, even on a very small scale, remains a tried and true means of building an individual's cash flow and wealth. — Robert T. Kiyosaki

The much-maligned idle rich have received a bad rap: They have maintained their wealth while many There is scarcely an instance of a man who has made a fortune by speculation and kept it. Andrew Carnegie of the energetic rich, aggressive real estate operators, corporate acquirers, oil drillers, etc. have their fortunes disappear. — Warren Buffett

Real estate is at the core of almost every business, and it's certainly at the core of most people's wealth. In order to build your wealth and improve your business smarts, you need to know about real estate. — Donald Trump

wealth in the rich countries is currently divided into two approximately equal (or comparable) parts: real estate and financial assets. — Thomas Piketty

Fred Harrison explains in The Power in the Land how land values over time become so expensive that too little wealth is left to pay for goods and services. Real estate speculation allows property owners to demand tomorrow's wealth output today, because they have the power to withhold land from use in expectation of future gains. Artificial constrictions in the supply of land make the price increase at a rate the economy can't sustain. Land eventually becomes unaffordable and recession follows leading to a bust before the next boom commences. — Martin Adams

Every person who invests in well-selected real estate in a growing section of a prosperous community adopts the surest and safest method of becoming independent, for real estate is the basis of wealth. — Theodore Roosevelt

In the top centile, by contrast, financial and business assets clearly predominate over real estate. In particular, shares of stock or partnerships constitute nearly the totality of the largest fortunes. Between 2 and 5 million euros, the share of real estate is less than one-third; above 5 million euros, it falls below 20 percent; above 10 million euros, it is less than 10 percent and wealth consists primarily of stock. — Thomas Piketty

There are only a few absolute truths in finances, like the fact that if you spend less than you make and have no debt, you're creating wealth. Another is that the housing market is cyclical. — Celso Cukierkorn

The rise in voluntary childlessness, like the decrease in fertility and the increase in homosexuality, may be an evolutionary adaptation to overpopulation. Or, since the phenomenon is more prevalent in the West, maybe it's an effect of wealth and plenty. (Having more offspring is to an individual's evolutionary advantage in impoverished conditions, even though it's disastrous for the species as a whole and has made places like Rio and Calcutta some of the least desirable real estate in the solar system.) — Tim Kreider