The rich keeps getting richer,Real Estate sounds smooth from the outside,but it entails alot if we want to consider the rudiments and capital involve.
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Although am not saying going into real estate business is good but I think the way the real estate management increase the price of most of their property is way too much and it needed to be regulated by government I guess.Real Estate is now dubbed as a gold mine due to its ability to enrich people and make them wealthy. So we can say that real estate is a wealth making investment. Stories abounds of how mighty billionaires in the society became billionaires through real estate business.
This is all a testament of the wonderful impact that real estate is having on the nation, creating wealth for it's citizens, lifting up several people out of poverty to a life of abundance and wealth.
This is one huge impact that real estate is making that other sectors of the economy wants to achieve.
So what's your thoughts on this guys?
The biggest share of real estate to the economy of the nation is the providing of accommodation. Think if there are so many jobs in the city but the rural folks couldn't find a good dwelling place in the city then they have to travel 3 hours or more every day. That would be tedious and expensive.Yes I agree with your point of view, real estate business is a source of nation enrichment due to how it has been profitable to a good number of people but to say also richness seriously depends on how a person utilize his available resources for the benefit of achieving the future. even if you engage and you can utilize the income generated you can not be rich.
I think we had a president who said that if everyone would have a home of his own then the nation can be considered rich. Maybe that is also the objective of China that there is no homeless in their country. I just don't know if their housing projects are up to par with their objective.Yes I agree with your point of view, real estate business is a source of nation enrichment due to how it has been profitable to a good number of people but to say also richness seriously depends on how a person utilize his available resources for the benefit of achieving the future. even if you engage and you can utilize the income generated you can not be rich.
The government can go into real estate, establish estates in rural and urban areas and sell it to citizens at affordable prices. That way we won't have a high number of homeless people or some areas more crowded than others.Real Estate is now dubbed as a gold mine due to its ability to enrich people and make them wealthy. So we can say that real estate is a wealth making investment. Stories abounds of how mighty billionaires in the society became billionaires through real estate business.
This is all a testament of the wonderful impact that real estate is having on the nation, creating wealth for it's citizens, lifting up several people out of poverty to a life of abundance and wealth.
This is one huge impact that real estate is making that other sectors of the economy wants to achieve.
So what's your thoughts on this guys?
I quite agree with you,because the infrastructure development aspect of real estate investment is capital intensive.But the good thing about real estate sector is that, there are other means of making money,you can be getting commission on referal of clients to a property and other procurement aspect for the infrastructure development.Real estate is a good investment so many people will want to invest in it but the problem is that you need a huge amount of money to invest in a land unlike so many other investment which youths can easily invest from there savings and make regular profit.
Maybe you need to make research on country like dubai where real estate transform their economy of the country. Relatively desert land completely transform into a paradise. Why do you think people go to do dubai? Yeah you guess is good as mine.I don't believe real estate can increase the wealth of a nation. If your source of income as a nation can not be patronised by foreigners just like crude oil, gold and other mineral resources you can't make good money from it. Some citizens can even boycott it by their government.
Though The adage seems very funny and insulting to the poor but its actually the truth , the rich will keep getting rich because they have everything in their capacity to make more money , they invest everyday and make better profit .The rich keeps getting richer,Real Estate sounds smooth from the outside,but it entails alot if we want to consider the rudiments and capital involve.