Re: Property business and its perils ..
@CB
Developing Markets offer much better opportunities in real estate in the long term..
I am invested in real estate to the tune of about my 50% of the worth in Pakistan..
They say for real estate investment three things are important.. nazrar/Khabar/and sabar…
We have a huge interest cost in Pakistan.. that’s what makes you invest with a lot of care. It would be better if you find some revenue on your real estate investment in Pakistan..
I am investing presently in Defense schemes although I have much more lucrative investment opportunities elsewhere because I have the local knowledge.. I would never recommend for expatriates..
We have one of the lowest real estate values in Pakistan.. and we have a huge management problem in Pakistan.. it will not remain like this for a long time.. so time to get in to avail excellent values to make money..
If you can take car of Nazar/Khabar/Sabar.. you can not go wrong if you take exposure today in real estate in Pakistan..