Global real-estate markets have been crushed. With prices in some markets 50 percent lower than they were a few years ago, real estate seems to be cheap. Owning property is part of most asset-allocation models, meaning that it serves as a good diversification tool.
Even the Talmud is in favor of real estate. The Talmud (Bava Metzia 42a) advises that one should keep a third of one’s assets in property, another third in business and the other third in cash. For those of you who do not have exposure to real estate, the question is whether now is a good time to start to invest in it.
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