People often equate wealth with real estate because it's a tangible, appreciating asset. However, you can still be considered wealthy by focusing on other successful investments.
For me it's big NO to that concept. The mode of investments depends on the personal choice on where, how and when to invest. I have seen so many rich people that had been established.
I do not think it is true that some riches and wealth are compared to the amount of real estate property that you posses. There are some people who are rich but do not have the experience to invest in the real estate market..
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