Wednesday, March 31, 2010

How long is long term......?

As reported in the Commercial Investment Real Estate
magazine, there was a CCIM investor survey. The given
statement was that "most property investors agree
that they are buying now for long-term holds". The
question asked was, "But how long is long term?"

My favorite answer, bless whoever it was that said it,
was, "We hold our assets forever, because that is where
true wealth is created".

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