Women make terrible real estate investors.
Now, let me clarify, it’s only because we don’t invest enough. Women right now are outpacing men in purchasing their first property. When it comes to second and third properties, we land far behind. In fact, 20% of the world’s purchases are made by women only.
Here is my take on why more men are investing:
There is a gender bias
When women don’t see other women doing things, they don’t feel like they belong in this space. When I sit around with my male friends, we talk about stocks, real estate and politics. Often, when I am around a group of women, we talk about things with less substance.
Different financial priorities
Often, when women run into money, they feel an obligation to help their family and their community. They feel guilty investing. What they don’t see is that investing allows them to take care of more people in the future.
Real estate is expensive, but that doesn’t mean it’s not worth it. Here are 5 Things You Can Save Money On instead.
The wage gap
Last of all, there is still a wage gap. Although women have come very far and make a lot more money in most industries. Women are still behind men in earnings.
We need to pump women up and show them that investing in secondary and third properties is possible and important.
HONESTLY…
Are you a woman ready to talk real estate? Let’s chat! Get in touch by calling me or shooting me a quick text. I’m always happy to connect.
