Interest in Rental-Property Investment Rising Among the Wealthy, Survey Finds

Ultra-wealthy individuals are increasingly investing in real estate to diversify their portfolios, with 36% of those with over $5 million in assets now investing in residential rental properties, a rise from previous surveys. Optimism about the economy is growing, with 24% expecting improvement in the next year. Concerns about inflation have decreased, while recession fears have increased. The bullish sentiment towards real estate has risen, attributed to lower mortgage rates. Many are also looking to invest in defensive sectors to manage risks.