Wealthy Americans Investing in Real Estae

Wealthy Americans Investing in Real Estae

Millionaires across the U.S. say commercial and residential real estate is the best alternative-asset investment option for 2014.

One-third of millionaires surveyed in a new Morgan Stanley study plan to purchase real estate this year, Bloomberg reports. And 23 percent say they'll invest in real estate investment trusts.

Some of this is attributed to balancing a portfolio but if we remember last year Warren Buffet said this is where Americans need to invest...maybe somebody listen to him...rbailiff

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