Why is land usually said to be the best way to become rich, but we never see a Real Estate Person as…?

The RICHEST man on the planet?

We have great financial figures stating that land is the best way to aquire wealth:

“Land is the basis of all wealth.” –Adam Smith

“Don’t wait to buy land, Buy land and wait. Find out where the people are going and buy the land before they get there.” –Will Rogers

“Buy land, they’re not making it anymore.” –Mark Twain

“Landlords grow rich in their sleep without working, risking or economising.” –John Stuart Mill

“The major fortunes in America have been made in land.” –John D. Rockefeller

“Real estate ownership is listed as the prime source of wealth more often than any other occupation.” –Forbes

“It is a comfortable feeling to know that you stand on your own ground. Land is about the only thing that can’t fly away.” –Anthony Trollope

“90% of all millionaires become so through owning real estate.” –Andrew Carnegie

“He is not a full man who does not own a piece of land.” –Hebrew Proverb

“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” –Franklin Delano Roosevelt

“Buying real estate is not only the best way, the quickest way, but the only way to become wealthy.” –Marshall Field

“The best investment on earth, is earth.” –Louis J. Glickman

“It’s tangible, it’s solid, it’s beautiful. It’s artistic, from my standpoint, and I just love real estate.” –Donald Trump

“No investment on earth is so safe, so sure, so certain to enrich its owners as undeveloped realty. I always advise my friends to place their savings in realty near a growing city. There is no such savings bank anywhere.” –Grover Cleveland

“Real estate is the best investment for small savings. More money is made from the rise in real estate values than from all other causes combined.” –William Jennings Bryan

“Real estate is an imperishable asset, ever increasing in value. It is the most solid security that human ingenuity has devised. It is the basis of all security and about the only indestructible security.” –Russell Sage

“Every person who invests in well-selected real estate in a growing section of a prosperous community adopts the surest and safest method of becoming independent, for real estate is the basis of wealth.” –Theodore Roosevelt

“Land monopoly is not only monopoly, but it is by far the greatest of monopolies; it is a perpetual monopoly, and it is the mother of all other forms of monopoly.” –Winston Churchill

Yet, we never see a real estate mogul become the richest man on the planet… are these people wrong? Or are they right, and it is just happening that real estate people are not getting to the top?

6 Responses to “Why is land usually said to be the best way to become rich, but we never see a Real Estate Person as…?”

  1. bethanne Says:

    You mistake realtors for property owners; not the same thing.

    Wealth in property is due to the collateral value that property brings. While you pay taxes on the property, you can also earn equity on it. Everyone needs land, and the value of the land rises as long as the need is there.

    And while you can have your property depreciate in value, it tends to be only temporary, and unlike capital (in monies, the whole financial mess), it’s value does not completely disappear.

    And old-fashioned (or realistic) people might also see land as having ‘real’ ‘hold it in your hand’ value, versus whatever value a piece of papers claims a stock or bank account might hold.

  2. Fred F Says:

    Almost anything can be manufactured.

    Land can not be manufactured.

  3. kool2shade Says:

    Owning land means that u will never B hungry ever again
    you can do all sorts of things when u aquire land
    the rich part mmmm! Let’s say U will just be well off.

  4. Ross Says:

    Your above quotes say it better than i can. I am sure the richest people are land owners. That may not be there source of wealth but adds to it.

    You can make a fortune in real estate, but that doesn’t mean it will make you riches person on the planet.

  5. chatsplas Says:

    There is a difference between security and wealth, and being the richest person, or top ten richest.

  6. Chau Says:

    No no no! Land is not the way to become super rich.

    The best way is through ONLINE SURVEYS.
    I thought they were fake, but now I’m a billionaire working only 2 hours a week! My fellow billionaires have to work all the time but not me. All of the richest people on Earth got their wealth by filling out ONLINE SURVEYS. Even if you suck at it, you can at least become a millionaire.