October 28, 2021
Entrepreneur calls real estate the most durable long-term asset

Entrepreneur calls real estate the most durable long-term asset

Amid rising inflation worries, Tiger 21 Chairman Michael Sonnenfeldt defined why real estate is an space of wealth preservation and creation on FOX Enterprise’ “Mornings with Maria.”

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MICHAEL SONNENFELDT: Our members have allocation of belongings. Real estate is primary, and it is not solely been 27% of our portfolios for a very long time – that is virtually $30 billion of belongings throughout our community – however lately, after we polled our members and mentioned, ‘if inflation is coming back, where do you want to put your assets?’ And real estate was the primary class as a result of members felt it was the most durable asset to climate via a secular rise in rates of interest and inflation that some consider we’re at the starting of.

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