Evolution of REITs
The discussion reveals the origins of REITs, tracing back to a legislative provision in 1958 that aimed to democratize real estate investment for smaller investors. Despite initial growth challenges, the industry has transformed from a mere $7 billion in 1991 to a thriving trillion-dollar asset class, highlighting the shift from private real estate investments to publicly accessible opportunities.In this clip
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Tim Ferriss Show
Sam Zell — Strategies for Investing, Dealmaking, and Grave Dancing | The Tim Ferriss Show
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