Analysts caution holiday season data will be critical to sustaining gains. On the other hand, the increased wage requirements for larger buildings may encourage developers to keep projects under 100 units, reducing the scale needed to bring down rents in a city that needs tens of thousands of additional apartments. Building wealth is the process of amassing financial assets or passive income to create independence. When we use the rule of 72 to explore how many years it takes to double the real spending power of a portfolio it becomes painfully obvious that it is impossible to build wealth by investing in defensive assets. U.S. REITs delivered 6% returns despite higher interest rates. Rule of 72 calculations yield a doubling time of 12 years, with logistics and data center properties outperforming residential segments.
