You can attempt to chase the dream of becoming wealthy with no money out of pocket but I actually find that path 10x harder than just making more money.

February 20, 2018, 4:04 PM CST Updated on February 20, 2018, 11:01 PM CST British Columbia announces new real estate speculator levy "Vancouver, one of the hottest housing markets in North America, is getting a little tougher for wealthy Chinese buyers."

I'm not super wealthy, but I do have some spoils of the trade to play with.I live in Malden, and have been educating myself to get into flips and rentals (loving BRRRR) in the area (Melrose, Medford, Malden, Everett, Saugus, Lynn, Stoneham, Reading, Woburn, etc.).I have never officially invested in real estate, but I have owned first and second homes for many moons, and they have been good to me so far.I've learned enough in my studies to know that real estate investment in this area and time is far from a no-brainer. 

If there is the inevitable downturn in the market just remember, those who would normally rent the smaller units are going to take less vacations then the wealthy who will still want to take their vacations

Look for market trends and you'll become wealthy if you employ the information.

One thing I also agree with Grant Cardone on is that you want to be in a market that has some appeal and exposure to the rich, especially the international ultra wealthy. 

Personally, I also have nearly zero control of my stock market investments.Real estate on the other hand, APPEARS to be open to the non super wealthy among us, willing to put in the time and effort to learn the nuances.

The residents who are upset about beach vacation rentals are wealthy, longtime owners of million dollar real estate.

I don't know that market, but down here a big concern is all the wealthy retirees moving down from big cities up north.

Though, even within Mid-City, there are a few ultra wealthy areas.