Elon Musk once vowed to ‘own no home.' How to invest in real estate without buying property

Group 1 - Elon Musk remains the richest man in the world with a net worth exceeding $467 billion, and under his leadership, Tesla has become the world's first $1 trillion electric vehicle manufacturer [1] - Musk's unconventional lifestyle includes claims of working 120 hours per week and living a nomadic life, although he reportedly purchased a house in Austin, Texas for $4.5 million in 2022 [2][3] - Real estate is highlighted as a significant asset class that contributes to wealth generation over time, with a National Association of Realtors report indicating consistent wealth accumulation across various income levels [6] Group 2 - Homeownership is presented as a viable way for households to build equity and create a nest egg for retirement, especially for those living paycheck to paycheck [7]