‘Grandma was right’: Christopher Williams bats for real estate investment
Christopher Williams is encouraging persons across the region to consider real estate investment for strong returns while hedging against inflation.
The chairman and CEO of Different Capital made the call while speaking at the Exploring the Caribbean conference in Miami recently.
“We’ve looked at all the different asset classes and I think the real estate market is where I’d like to encourage others to take a deep and hard look,” Williams said. The reality is your grandmother was right. You know, your grandmother would always tell you, buy real estate… and it looks like she was right.”
Williams argued that the the standard deviation for real estate – the price/return volatility – is the lowest of all asset classes.
“It’s just not as volatile. And, secondly, it carries the inflation protection. Inflation still raises its ugly head from time to time, especially with all these storms that will hit us and cause spikes in asset prices,” the former Proven CEO said.
He noted that there are a number of different ways to participate in the real estate market outside of solely buying properties outright. That, he said, includes participating as part of a consortium.
“That gives you the ability to diversify in several different real estate opportunities and also allows you to to participate without leverage,” he said.