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Nairaland Forum / Nairaland / General / Investment / 7 Reasons You Should Invest In Real Estate Rather Than Cars. (13448 Views)
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7 Reasons You Should Invest In Real Estate Rather Than Cars. by JejeNaija(m): 7:21am On May 06, 2019 |
REASONS YOU SHOULD RATHER INVEST IN REAL ESTATE(Land and building) BEFORE BUYING THAT DREAM CAR. 1. Land appreciates in value automobiles do not 2. Land is an asset a car is a liability 3. Lands will be there forever, cars won't, over the years, they become mere metals 4. A single land can be used for different purposes before being developed, a car has limited purpose 5. You can lease out your land to investors for profit while it still retains its value and could even appreciate in value, same dammit be said of a car. A car is subjected to wear and tear from constant use, it might bring the profit but that's for a limited time. 6. And old property undergoing depreciation (obsolescence) can be redeveloped same cannot be said of a car, you might repaint it, but it's value in the market would have depreciated. 7. The the value depreciation of a car begins the moment you pay for it, the appreciation of land begins the moment a transfer of ownership is initiated. You should rather invest in a property of 3 million than buy a car of the same price. WOULD YOU RATHER INVEST IN REAL ESTATE OR WOULD YIU RATHER BECOME AN OWNER OF 5 AUTOMOBILES? The choice is yours. 31 Likes 5 Shares |
Re: 7 Reasons You Should Invest In Real Estate Rather Than Cars. by davidodiba(m): 10:20am On May 09, 2019 |
My area of big interest |
Re: 7 Reasons You Should Invest In Real Estate Rather Than Cars. by kaen1317: 10:21am On May 09, 2019 |
In this time and age it's only a fool that needs to be told this 22 Likes |
Re: 7 Reasons You Should Invest In Real Estate Rather Than Cars. by handsomeyinka(m): 10:22am On May 09, 2019 |
I rather invest in the HOLE The more you invest the wider it becomes 10 Likes 1 Share
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Re: 7 Reasons You Should Invest In Real Estate Rather Than Cars. by Lexusgs430: 10:22am On May 09, 2019 |
When you have enough houses or a house, and don't require any more...... Would you rather us walk or buy a bicycle?...... 7 Likes |
Re: 7 Reasons You Should Invest In Real Estate Rather Than Cars. by andysmith123(m): 10:22am On May 09, 2019 |
who estate epp abeg LIKE for cars SHARE for estate! 16 Likes 42 Shares |
Re: 7 Reasons You Should Invest In Real Estate Rather Than Cars. by hemartins(m): 10:22am On May 09, 2019 |
Land appreciates, Cars depreciate 5 Likes 1 Share |
Re: 7 Reasons You Should Invest In Real Estate Rather Than Cars. by Rilley(m): 10:23am On May 09, 2019 |
Thank you 1 Like |
Re: 7 Reasons You Should Invest In Real Estate Rather Than Cars. by legalwealth(m): 10:23am On May 09, 2019 |
Nice one! !! 1 Like |
Re: 7 Reasons You Should Invest In Real Estate Rather Than Cars. by kernniejay(m): 10:25am On May 09, 2019 |
I wonder the number of multi-million bungalows one can buy with the price of a Rolce Royce Cullinan. 2 Likes
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Re: 7 Reasons You Should Invest In Real Estate Rather Than Cars. by Nobody: 10:25am On May 09, 2019 |
Wetin this one dey talk? Guess he his an agent? 1 Like |
Re: 7 Reasons You Should Invest In Real Estate Rather Than Cars. by matoritoto12345: 10:26am On May 09, 2019 |
Great! |
Re: 7 Reasons You Should Invest In Real Estate Rather Than Cars. by Kcuf: 10:29am On May 09, 2019 |
you only buy cars, when you have a house, land or a property *get sense* unfortunately one of the things our youths don't understand they rather move in tinted convoys den start begging Upandan when no show again (yahoo boys/girls) 2 Likes |
Re: 7 Reasons You Should Invest In Real Estate Rather Than Cars. by okohjay(m): 10:32am On May 09, 2019 |
Lol good question, besides a car is a necessity rather than a luxury it's only when a person buys more cars than they need it becomes foolishness. It's good to invest in real estate but surely we're not expected to Trek to the site. Lexusgs430: 12 Likes |
Re: 7 Reasons You Should Invest In Real Estate Rather Than Cars. by ForeverSaved(m): 10:33am On May 09, 2019 |
This is nothing but the truth. Only the wise will heed it. As a real estate consultant, I can tell you that a couple of plots you invest in today, in a good location can make you financially stable tomorrow. But you must know how to go about it. You must get it right to reap the benefits. I can help you do this, if you want. Start today in: Lagos, Port Harcourt, Anambra, Abuja. 1 Like |
Re: 7 Reasons You Should Invest In Real Estate Rather Than Cars. by VANZETA: 10:33am On May 09, 2019 |
Hmm, this is actually looking at it from one side. But they are also better reason to invest in car than a plot of land of same price. If you are an entrepreneur that is into services business (or any business) you would understand the importance of mobility. Your productivity would increase tremendously, your marketing activities, meetings etc would be more fluid and less stressful. So perhaps for an employee that works 8-6, a plot of land is better but for business person or entrepreneur car is far better. 5 Likes |
Re: 7 Reasons You Should Invest In Real Estate Rather Than Cars. by phorget(m): 10:33am On May 09, 2019 |
Both are equally important please. It all depends on the purpose you want them to serve. 4 Likes |
Re: 7 Reasons You Should Invest In Real Estate Rather Than Cars. by iykepromotions: 10:33am On May 09, 2019 |
Domain names are another area to invest to too. Google how to make money with expired domain names or check out this awareness thread; https://www.nairaland.com/3430037/what-make-money-online 1 Like |
Re: 7 Reasons You Should Invest In Real Estate Rather Than Cars. by sugarberri(f): 10:35am On May 09, 2019 |
@Op you are correct 100% In other news, am a real estate expert with Ezdeelz Realtors and Properties. We have a very flexible payment system up to 12 months and some 24 months that way you can own a land or property while you can still afford other basic needs. We offer free site inspection everyday 10Am and 2Pm. Contact me on 08111400703 and 08100818985( Tonia ). Our office is at Toonak front 24, Admiralty Road Lekki phase 1, Lagos state.
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Re: 7 Reasons You Should Invest In Real Estate Rather Than Cars. by seguno2: 10:36am On May 09, 2019 |
kernniejay: Are you unaware of gated community estates, shopping malls, mixed use buildings or office towers 1 Like |
Re: 7 Reasons You Should Invest In Real Estate Rather Than Cars. by chigoziri2403(m): 10:36am On May 09, 2019 |
Some cars do appreciate in value, though rare, Depending on some factors, a car might be more important than land, if you work in some institutions, and with a limited amount, a car is logical Moreover buying land is extremely risky these days, where scam agents are everywhere, I pray you don't fall into the hands of Lagos omoniles, it's not palatable 5 Likes |
Re: 7 Reasons You Should Invest In Real Estate Rather Than Cars. by michlins(m): 10:37am On May 09, 2019 |
We know all these and still choose to buy cars. Whatever rocks your boat do it please. Stop this ideas of making everyone investors 3 Likes |
Re: 7 Reasons You Should Invest In Real Estate Rather Than Cars. by Rubbiish(m): 10:37am On May 09, 2019 |
Re: 7 Reasons You Should Invest In Real Estate Rather Than Cars. by VANZETA: 10:39am On May 09, 2019 |
okohjay: Trekking under Lagos sun have adverse mental health effects. Like you said, car is a necessity not a luxury, especially the ones with AC 3 Likes |
Re: 7 Reasons You Should Invest In Real Estate Rather Than Cars. by Unlimited22: 10:39am On May 09, 2019 |
Cars are not an investment, unless you're a car dealer. |
Re: 7 Reasons You Should Invest In Real Estate Rather Than Cars. by Lexusgs430: 10:43am On May 09, 2019 |
okohjay: I am wonderment รณ...... People have the freedom to spend their money, however they wish......... But the suya seller would always advertise meat...... 1 Like |
Re: 7 Reasons You Should Invest In Real Estate Rather Than Cars. by marsha92: 10:46am On May 09, 2019 |
abeg i no wan invest i need return of MMM jare |
Re: 7 Reasons You Should Invest In Real Estate Rather Than Cars. by esiri4jesu(m): 10:51am On May 09, 2019 |
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