Spoiler Alert: Of Course It Is!
As women, we get told there are so many things that we CAN’T do.
Sometimes, this is explicitly said, while other times, it’s just implied. There are dozens of male-dominated industries out there that are simply out of touch with the times.
We NEED more women in real estate investment! Here’s why!
How Far We’ve Come
Did you know that less than 100 years ago, women weren’t legally considered “persons” in Canada? Women couldn’t be appointed to the Senate, and they were limited in their opportunities in both their public and political lives. Emily Murphy and a brave group of Canadian women fought to change this state of affairs. They fought the Canadian Supreme Court, all the way to the Committee of The British Privy Council in the U.K. for their right to be recognized as a person. And on October 18th, 1929, they succeeded. Here is the Canadian Heritage Minute about the case if you want a nice boost of nostalgia!
In 1992, the Government of Canada announced that October would be designated as Women’s History Month, celebrating Canadian women’s achievements throughout our history. This idea is also honoured on two days of the month: the International Day of the Girl on October 11th and Persons Day on October 18th.
The “Persons” case may have changed the law, but there was still a long way to go to change attitudes among many Canadians. Even today, many women find themselves locked out of career advancement due to poor circumstances, a lack of financial privilege, or simple sexism.
The Current State of Things
If you look at the real estate industry across North America, there are countless incredibly successful female realtors and brokers. But surprisingly, those same numbers aren’t there for women investors. This goes for both real estate investment AND the stock market.
In a 2018 study by Fidelity Investments, it’s shown that only 29% of women see themselves as investors, but 72% of women want to make their money grow. And we all know the best way to do that is through investing in real estate!
Where Women In Investing Stand Today
Men and women balance any number of responsibilities: children, home management, career, health, parents, community, and so much more.
That is one reason why passive and active real estate investment can be an excellent option for women at any stage of their life. If they are currently focusing entirely on their career, they can learn everything about the investment industry, from the jargon to the legal details. If they are working from home as a mother, they can have a place to park their money to grow exponentially over time. Either way, when they are ready to retire, their retirement fund is going to be booming!
Start Learning Now!
If you think that you don’t have time to learn about real estate investment, try this: go online and listen to a podcast about real estate investing. You can listen in the car on the way to work, while cleaning the home, while cooking, when exercising, really any time that you can safely have headphones in. You will start to pick up on real estate jargon and learn the ins and outs of the industry.
Once you’ve gotten the basics, you’ll have everything you need to start passively investing in real estate. At Regalway, we would be delighted to talk with you about passive investments and how the industry has proven Super successful for our CEO, Gabrielle Charles. We can teach you how to build your investment portfolio by working with Regalway Homes. Book a consultation with us today, and let’s get you to the place where women belong: investing in real estate!
Regalway Homes | info@regalwayhomes.com | +1 844-977-2679