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Covid19 may have a significant impact on people who have hoarded land just to park cash & park black money.
Here is a thread of my simple thoughts on Real Estate
Here is a thread of my simple thoughts on Real Estate
People who made money in real estate (RE) & don't like stock markets (SM)
Reasons
~ Invest big in RE, minimal in SM
~ Track RE only in long term, track SM every hour
~ Believe more in assets, not in businesses
~ Ignore RE overhead costs, not SM cost
~ Cash can be parked in RE
Reasons
~ Invest big in RE, minimal in SM
~ Track RE only in long term, track SM every hour
~ Believe more in assets, not in businesses
~ Ignore RE overhead costs, not SM cost
~ Cash can be parked in RE
If we analyze the origin of frauds, it will, in all probability, be the linkages to NBFC, banks & real estate.
These businesses have misused the money handling towards their own greed & corruption mindset.
These sectors can't thrive in a healthy & honest economy.
Think ahead.
These businesses have misused the money handling towards their own greed & corruption mindset.
These sectors can't thrive in a healthy & honest economy.
Think ahead.
Real estate investment is gonna be financial failure in future.
Great Past performance cannot be generalized towards future too.
We are in for a disruption in investment approach across the world in a big way.
Assets may become more of a liability for many.
Great Past performance cannot be generalized towards future too.
We are in for a disruption in investment approach across the world in a big way.
Assets may become more of a liability for many.
RBI had published a report in 2017 that 88% of Indian investor's wealth is in gold & real estate.
Believe it or not, This wealth is not contributing anything into the economy.
Imagine if even 50% of this wealth is liquidated & starts circulating productively into the economy.
Believe it or not, This wealth is not contributing anything into the economy.
Imagine if even 50% of this wealth is liquidated & starts circulating productively into the economy.
Real estate investment challenges
~ Renovation expenses
~ Maintenance cost
~ Insurance cost
~ Property Tax
~ Less Flexibility in thoughts when deciding to move on
~ Paper work
~ Exit cost
~ Capital Gains tax at exit
~ Effort Cost
~ Following up & answerable to the tenant
~ Renovation expenses
~ Maintenance cost
~ Insurance cost
~ Property Tax
~ Less Flexibility in thoughts when deciding to move on
~ Paper work
~ Exit cost
~ Capital Gains tax at exit
~ Effort Cost
~ Following up & answerable to the tenant
Mindset is changing towards the below quote of mine,
" No physical assets, No liabilities, Greater the peace of mind "
" No physical assets, No liabilities, Greater the peace of mind "
Investment mindset of an investor do not create real estate demand.
Genuine demand is created thru an individual need & affordability.
Genuine demand is created thru an individual need & affordability.
Buy real estate if you want to live in it or if you want to work out of it.
We are moving fast into times wherein real estate may no longer be an investment instrument.
Investment in real estate may do more harm than good, to your net worth, in long run.
We are moving fast into times wherein real estate may no longer be an investment instrument.
Investment in real estate may do more harm than good, to your net worth, in long run.
If demonetization comes on real estate, it can take India to next level of growth.
I hope it comes but I'm sure it won't. Everybody can easily find out the reason why it won't.
I hope it comes but I'm sure it won't. Everybody can easily find out the reason why it won't.
Collecting money/real estate/gold/bonds infinitely is not financial independence
Think what you want, why you want, how you want.
Keep spending enough on day to day life to really live a great quality of life with friends & family.
Work Hard Celebrate Harder Travel the Hardest
Think what you want, why you want, how you want.
Keep spending enough on day to day life to really live a great quality of life with friends & family.
Work Hard Celebrate Harder Travel the Hardest
People need to realize that hoarding land is not going to help anyone ....
It actually takes the economy backwards as this blocked money doesn't contribute into growth of anyone.
More the supply of land, better the price affordability for needy buyer, great for economy
It actually takes the economy backwards as this blocked money doesn't contribute into growth of anyone.
More the supply of land, better the price affordability for needy buyer, great for economy
The biggest cost for any business is land cost.
If this cost comes down significantly, it can help motivate the new entrepreneurs to start businesses, create jobs.
Similarly existing businesses will be motivated to expand to create more jobs.
If this cost comes down significantly, it can help motivate the new entrepreneurs to start businesses, create jobs.
Similarly existing businesses will be motivated to expand to create more jobs.
All in all, I feel there will be more supply than demand in real estate sector in times to come.
Dealers, builders, politicians, asset lovers may finally realize if there really is any value being generated thru real estate investment.
Is it really an investment or what ..?
Dealers, builders, politicians, asset lovers may finally realize if there really is any value being generated thru real estate investment.
Is it really an investment or what ..?
Few sectors are great for economy but may or may not be worthwhile for investment.
Views in above thread are not in sequential manner.
Please do read every view one more time, try to understand by giving it a second thought and try to understand how the future may shape up.
Views in above thread are not in sequential manner.
Please do read every view one more time, try to understand by giving it a second thought and try to understand how the future may shape up.
