| The
story of great real estate investors is a tale of
superb salesmanship, public relations, politicking, dealmaking,
risk taking and creative financing. Manhattan has by far the greatest
concentration of real estate value in the U.S.; fortunes have
been made there by the likes of John Jacob Astor, Harry Black,
Fred French, William Zeckenforf, and Harry Helmsley.
Other U.S. real estate tycoons include William Levitt, Trammell
Crow, and Donald Bren. These investors have been shrewd
manipulators of mortgages, down payments, and cash flows-though
occupancy rates, tax structure, and government assistance have
frequently been vital parts of the recipe for real estate success.
An
unusual investment category is that of collectibles (sometimes
known as 'portable wealth') - for which value depends
on sentiment and other intangible factors. For the hobbyist,
collectibles forge a link with the past, with far-away places,
or with well-known people; a collection is a kind of tangible
memory. Collecting also satisfies a human desire to own the
best, the most, or the only specimen of
things that are sought by others. Coins, stamps, baseball cards,
and the various decorative arts (e.g. paintings, sculpture,
antiques, ect.) all have proven to be popular with investors.
Collectors seek not only a chance for a return on investment-but
also the sheer joy of owning some of the finer things of life.
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|
On
two audiotapes
Run time: about three hours total
Narrator:
Louis Rukeyser
Author: Austin Lynas (The Real Estate Tycoons)
Author: Jo Ann Skousen (The Collectors)
Editor: Mark Skousen
Publisher: Knowledge Products, Inc.
|
Item
# 10609
Price: $17.95 |
