Re: The great real estate race
Fayz, my theory about schemes like defense is that eventually they are not gonna be worth the investment unless you are buying to build a house there. They are overly inflated so larger pool of middle class can't eventually afford it. So that larger pool then will rush to other schemes that are newer and are bit farther since that's probably the only thing they'd be able to afford. Once this land rush diverts to those new scheme, in next few years (5-10) those schemes will become more lucrative but by that time schemes like defense won't be able to yield at the rate at which they are inflating now. So I think a land investment in Pakistan should be done with that time frame in mind instead of rushing towards something that's hot now.