The persistence of local culture. Underlying these various visions of globalization is a reluctance to define exactly what is meant by the term culture. During most of the 20th century, anthropologists defined culture as a shared set of beliefs, customs, and ideas that held people together in recognizable, self-identified groups.
Rental properties, asset backed lending, renovated flips and even real estate options are just a few real estate investments IRA owners are capitalizing on. There are a multitude of benefits to having real estate in an IRA, including compound interest in a tax favorable account and an added layer of security in unstable markets.
Real estate funds allow investors who do not have the desire, knowledge or capital to buy land or property on their own to participate in the income and long-term growth potential of real estate. Although real estate mutual funds bring liquidity to a traditionally illiquid asset class, naysayers on the use of these funds believe they are not akin to direct investment in real estate.