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 Post subject: New American Dream Is Renting to Get Rich
PostPosted: Fri Feb 17, 2012 5:43 pm 
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Joined: Sat Jan 14, 2012 5:24 am
Posts: 27


Quote:
Rich Arzaga owns a luxury home in San Ramon, California, but he's not betting on it as an investment.

The founder and CEO of Cornerstone Wealth Management, who bought the 5,000 sq. ft. property in 2005 for $1.8 million and has spent $500,000 improving it, considers the abode a wonderful place for his family. But ask him to rate his home -- or any home, for that matter -- as a financial investment, and Arzaga balks.

"It's the American Dream to own a home, but whoever said that didn't do the analysis on it," says Arzaga, knowing he's taking a contrarian stance to conventional wisdom.


http://finance.yahoo.com/news/new-american-dream-is-renting-to-get-rich.html

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 Post subject: Re: New American Dream Is Renting to Get Rich
PostPosted: Mon Mar 12, 2012 10:12 am 

Joined: Mon Mar 12, 2012 9:53 am
Posts: 2


It's the American Dream to own a home, but whoever said that didn't do the analysis on it," says Arzaga, knowing he's taking a contrarian stance to conventional wisdom.


               
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 Post subject: Re: New American Dream Is Renting to Get Rich
PostPosted: Fri Jul 06, 2012 6:06 am 

Joined: Fri Jul 06, 2012 5:27 am
Posts: 6


There is nothing new that Americans Dream is Renting to get rich is increasing day by day. As america is developed country it is obvious that the people residing in that country will buy house and then renovate their house according to their wish. Each citizen living in America is rich and could spend a lot of money for their houses.

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