By MacketWatch
........."As an investment, Real Estate has been an increasingly dominant asset class over the past five years," said Nicholas Buss, PNC's real estate economist. "The party may be over for those who have been 'flipping' houses and using real estate to get rich quick. But, in general, established wealthy Americans have not been speculative buyers and they remain solidly confident in the long-term value of their real estate holdings.".............
........."As an investment, Real Estate has been an increasingly dominant asset class over the past five years," said Nicholas Buss, PNC's real estate economist. "The party may be over for those who have been 'flipping' houses and using real estate to get rich quick. But, in general, established wealthy Americans have not been speculative buyers and they remain solidly confident in the long-term value of their real estate holdings.".............