By: Thomas C. Palmer Jr.: REALTOR® Magazine Online
Investors who put their money in real estate last year were huge winners, earning an unprecedented 34 percent on their dollars.
The performance of real estate surpassed the stock market worldwide, government and corporate bonds, according to a study being released today by the Massachusetts Institute of Technology’s Center for Real Estate.
"Real estate as an asset class has great potential for the investment industry because there's so much of it out there," says David Geltner, director of MIT's 21-year-old Center for Real Estate.