Why should I invest in real estate?

[Teresa Stephenson]

That is a good question to ask on this site. Have you often wonder why so many people invest their time and money into real estate? Why do people invest in real estate? Please let me know your thoughts... 

[David Friedman]

Pros

1. Real estate is a tangible asset with more control over said asset when compared to stocks or bonds.

2. Every investment needs an exit strategy. I would go as far to say that real estate has far more possible exit strategies than any other investment.

3. Land appreciates over time. As more people require more resources, land will appreciate in value.

4. I know my local real estate market better than I will ever know the inner workings of Coca Cola or Microsoft.

5. Tax benefits

Cons

1. Less liquid than keeping money in stocks or bonds.

That's all I can think of on the spot!