He was interviewed through a radio program by a financial expert.
The financial expert was asking Robert if the real estate is really dead, because so many people out there are losing money from real estate. If real estate investment is so bad, how can he still recommending people to invest in real estate.
This is his answer: “If you live on planet earth, you are invested in real estate. The house you live in, regardless if you own or rent is a real estate investment. The grocery store you shop at is someone’s real estate investment. Even boat harbors and marinas are real estate investments. McDonalds is the biggest real estate company in the world. Most people are born in the hospital and most people will be buried in a cemetery. Both are real estate investments. Someone is always making money from real estate. Like it or not, we’re all in real estate business”
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Since we are so close to the real estate investment world, we fail to realize everything around us has something to do with real estate. As i’m typing this, sitting on the sofa in my comfortable hotel room of The Marriot Group, i’m actually sitting on one of Marriot’s real estate invesment. It is everywhere; when you go to cinema, finding a car park, play tennis, football, shopping, dining at restaurant, and stock market. These are all real estate investment of someone else’s. Some one is always making money out of the real estate investment, and some one are losing money. In this case, i’m paying for Marriot’s return of real estate investment.
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