The next version of the World Wide Web, Web3, is already causing a stir in the online community. It can completely transform how we live, work, and communicate online with its promise of a decentralized web where people have more control over their data and interactions.
It is aptly said that Research is a formalized curiosity. Research aims to see what everyone else has seen but to think what no one else has thought. According to Grand View Research, the global real estate market was worth $3.69 trillion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 5.2% from 2022 to 2030.
According to the New York Times, "How to become a real estate agent" was the most searched job-related term from Jan 2020 to Jan 2021. The Bureau of Labor statistics estimates a 5.3% employment growth for real estate agents between 2021 and 2031. And the possibility of growth creates an estimated pool of 23,100 jobs in the real estate industry.
According to Rent.com’s rent statistics in 2021, over 44 million housing units are renter-occupied, with 41% of the properties being single-family homes. Another report from Apartment List showed that over 100 nationwide cities saw rapid and uninterrupted rent growth.
Real estate investing is a very lucrative and profitable business. As American industrialist Andrew Carnegie once said, “ninety percent of all millionaires become so through owning real estate,” this is quite true for many currently investing in real estate.
Investing in commercial real estate can be a great way to diversify your portfolio and generate long-term wealth. However, many people are intimidated by the idea of investing in commercial real estate because they don’t know where to start or think it’s too complex for their liking.
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