5 Tips for Navigating the Next Generation of Real Estate
- DATE: May 07, 2014
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- CATEGORY: TIPS & ADVICE
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- AUTHOR: OPulse Admin
Times have changed since the real estate boom of the 1980s. New technology, the flow of information, the global economy and a shift in societal structures have altered the real estate game forever. This isn’t our parents’ real estate market. And some of the strategies that were put to use in the ‘80s, if implemented today, would cause financial harm or result in missed opportunities — or both.
Here are five tips to consider as you explore buying or selling in this next generation of real estate.
We have evolved: Owning might not be for everyone
A long-standing vision of Anastasios G. Leventis was to establish a Museum of Fine Arts in his homeland where people would be able to enjoy the works that he had collected over a period of many years. For this purpose, he established a Trust which would provide the necessary funds for the creation of the gallery and to cover its running costs.
The gallery’s highlights include numerous works by celebrated artists such as El Greco, Canaletto, Boucher, Renoir, Sisley, Monet, Chagall, Utrillo, Volanakis, Rallis, Moralis, Parthenis, Diamantis and Kissonergis. The A.G. Leventis Gallery has already received international attention, including an enthusiastic article in the Financial Times which noted that “It is a handsome building, filled with exceptional art, a place of rigorous international scholarship, of contemplation and…potentially of inspiration too.”