Real
Estate Is One Of The Proven Forms Of Wealth
Real estate is considered
an economic anchor in many areas of the world. Over the last few years,
as the U.S. economy struggled to regain its balance after the dot-com
implosion and then the 9/11 attacks, followed by the mind-numbing hurricane
disasters, real estate investments have been a lifesaver for many.
BarterNews has
reported on ways an individual or family can increase wealth through
selective upgrades and remodeling, many times by using barter, i.e.
trade dollars as a form of payment, or partial payment.
We've also reported
on how an investor with scores of single family houses saved thousands
by renting out several on trade, then spending the earned trade dollars
for professional management service which made his life much easier.
Real estate is traded in a big way today. There are 7,000 real estate
specialists, called "Real Estate Exchangors" who put together
over $210 billion (in 2004) tax-deferred "1031" real estate
exchanges. These "like-kind" exchanges would include homes,
office buildings, commercial and industrial real estate and apartments,
as well as raw land, which is held for investment purposes. Virtually
any business or commercial property can be bartered for another.
Additionally, hundreds
of millions of dollars worth of trading value is seen through the trading
of vacation time share units and vacation homes. |