urban areas have more diverse housing options—including a higher prevalence of rental properties. homeownership rates increase with rurality. 59.8 percent of homes in urban areas are owned, compared to 81.1 percent in rural areas.
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Exactly, this is a good reason why we have so many real estate companies in the urban areas because they they have a better chance of thriving in the urban areas because of more population than the rural area where people leave to come to the city for more life opportunities.urban areas have more diverse housing options—including a higher prevalence of rental properties. homeownership rates increase with rurality. 59.8 percent of homes in urban areas are owned, compared to 81.1 percent in rural areas.
Exactly, over here I have come to meet different people from different parts of the country where I am absolutely certain that nothing would ever take me to but because of being in the urban city, I have mixed up with such people are get to experience their culture.Most amenities and entertainments are easy to reach. Clubs, restaurants and cinemas are more prolific in these busier areas and you often find new attractions will open in a city before anywhere else.
Hospitals and clinics are close by for easy access to healthcare or aid in an emergency.
Cities and towns tend to have a greater mix of cultures and ethnicities which can help when making new friends and meeting people.
Exactly, it's still the same over here where those who have eyes for good projects that can pay very well like condo owners have a way to get more money than what they invested in the project at the initial time. I'm actually looking forward to going into such incredible investment as it's very lucrative.I have a nephew who has 3 condominium units in different locations but all are in the city. That is aside from his house so those 3 units are being rented out. He said that it is a big investment when you buy a condominium unit in the city but the rewards are great. The condo has a swimming pool, spa, gym and other amenities that the resident can avail of. That makes for an increased value of the property every year.
I oversee a small business in the rural area before I move to the urban area and after managing a business in the urban areas, I saw the clear differences between running a business in the rural areas and the urban area. The profit margin is way too big that you can't even compare them at all.Urban settlements are one of the best places to invest. This is because the urban settlement has favorable economic conditions and good standard of living. There's also better infrastructural developments compared to the rural areas.