Real Estate As The Instrument of Investment
In real estate, investment money is used to purchase property for the purpose of holding, reselling or leasing for income and there is an element of capital risk.
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Famous quotes containing the words real, estate, instrument and/or investment:
“The real genres: good and bad.”
—Franz Grillparzer (1791–1872)
“The difference between de jure and de facto segregation is the difference open, forthright bigotry and the shamefaced kind that works through unwritten agreements between real estate dealers, school officials, and local politicians.”
—Shirley Chisholm (b. 1924)
“I think the authors of that notable instrument [the Declaration of Independence] intended to include all men.”
—Abraham Lincoln (1809–1865)
“The only thing that was dispensed free to the old New Bedford whalemen was a Bible. A well-known owner of one of that city’s whaling fleets once described the Bible as the best cheap investment a shipowner could make.”
—For the State of Massachusetts, U.S. public relief program (1935-1943)