Is Real Estate a Poor Investment?
Investment or craze, I failed to understand about some of the real estate buyers. You will be surprised about the prices they purchase and sell. I wonder who the buyers at these sky-touching prices are. Who own such a huge amount of money? Say, they are taking loan from the bank. OK, but how they will repay it with the kind of low pay jobs they have – about 90 percent of the common population has only or two family members are earning and the rest is jobless. On the other way around, we can understand the fact, everybody needs a home to live and a small piece of land to just do some vegetation for home use, if you are at city, and a bigger piece of land if you are at village