The thing is that most people that migrate from the rural areas do not have the financial capability to patronize real estate agencies that are building a real or serious apartment for people and so this migrators from rural areas do not have the money to either rent or buy all those big houses.
Rural urban migration has a positive effect on real estate business owners because when the auburn area is very populated then they will be need for more residential buildings.
This can be an advantage to the real estate environment when this rural migrate is that migrate to the urban areas becomes well-to-do and are able to afford good houses that are being built in the urban areas.
I will just thats way of life
The thing is that it is the economic condition of a place that mixed most people to migrate from there Paul invested rural areas to another area where buy they will have more opportunities as becoming more successful in life.
You are right that migration is part of man's nature. However, when it comes to demographics the city gets overcrowded because people there do not want to migrate to the rural areas. Their usual reason is their job in the city which is against the law of migration.
Moving from rural area to urban area has given the real estate business a boost in increasing tremendously during the year, rural -urban migration is the moving of people from rural to urban area in search of greener pasture.
Yes I completely agree with you that rural-urban migration has actually given a boost to the real estate business but the thing is that before most of this rural people are able to have a big money to be able to purchase real estate buildings or properties it takes time.
Rural dwellers tends to want a house immediately after moving tonthe urban settlement , so they tend to rent a house which is a boost to an estate agent and some tends to buy or build their own house themselves.
Urban migration basically has one pressing issue and that is over population. This is an issue as it has lead to high cost of living and heavy house rent for people
I think the rural urban migration is a very big challenge on the city planning system because take for instance my area or city in Abuja Nigeria is going through a big housing crisis as there are so many real estate buildings that are now very empty because most people that migrated to that city do not have the financial wherewithal to rent or purchase those properties.
It boils down on the ability of these persons that build this house to build something that will be quite moderate in price for an average man .
That is correct. It is indeed an advantage for real estate business owners. It is because people who are from rural areas will need real estate in the urban areas. That is the problem with urban area, the overpopulation. Cities are too crowded from people who came from rural areas looking for job opportunities.
You are very bright because like they say that all fingers are not equal as most people cannot be able to afford highly price all of us houses because in fact most people in an economy consists mostly of middle earning income earners and even the low income earners are the majority so it will be imperative for any real estate company or business to take those into cognisance before building or developing any real estate in a country.
Buying wonder how migration from rural to urban areas affects business. This is a good thing for most businesses. Because there are some products that are being used in the urban area but not used in rural areas. If there can be increase in population in urban area then there will be increase in production resulting in increase in income.
