Thursday, September 13, 2012

Topic 1: The Importance of Real Estate

The American Dream

When I think of the importance of real estate, the very first thing that comes to mind is the idea of "The American Dream". Over time we've all heard stories about our ancestors coming to this country for one reason or another, we've read about The American Dream in books such as The Great Gatsby, and we've seen movies that have made us proud to be Americans. I think one of the fundamentals of The American Dream is the idea of home ownership; which is why I included this picture below: 

Photo Credit: www.TheFourthEstate.net



To me, this picture symbolizes The American Dream of home ownership or in other words, residential real estate. One of the most important things a man can have is something that is his own. Sure, there are numerous uses of real estate for other gains, but in my eyes, the most important aspect of real estate is that of home ownership and being able to have something that is distinctly yours.



Welcome

My name is Nick Lykos and I'm creating this blog for my Finance 371: Real Estate Decision Making course. I was born and raised in Houston, TX and expect to graduate from Texas A&M with a BBA in Finance in May 2013.

I'm a total gearhead: cars, trucks, boats, you name it, if it has a motor I'm interested in it. 

My goal for FINC 371 is to gain an understanding of real estate and to learn how to use real estate to invest in the future.