₦airaland Forum

By Real Estate I mean landed properties and buildings in a stationary position. I will not tell you the exact reason but consider this example:
Take a look a UKRAINE and Palestine, how is Real investment doing in those areas?
Anyone who studied economics will tell you, the only time Real Estate is a bad investment is in war time, so the question you should ask yourself is ;are we at war?
Is the world at war?

Consider this, why is land ownership banned in China? The most advanced civilization at present.

I keep many secrets because that is the only way I will prove to people that I am ahead of them. You are looking at the greatest wealth transfer in the history of humanity. Will you be part of it? I doubt.

Now even if you are able to answer the questions above, I still advise you to stick to your real estate because when you start rushing to sell you will lose everything because the rabbit hole goes deeper. You have to be a mad man, an elite or royalty, or on pills to be able to understand. This is just a teaser, just read and pass.

When I educate people about how bad real estate investment happens to be, many just seem not to get it.

I don’t know who sold the narration yo people that real estate is a good investment. Especially the young ones, who don’t even have a strong financial base, they make the first millions of their life’s and rush to go sink money into the ground.

Real estate is for big players who have made that money and now diversifying into other portfolios to leverage on risk. Not Tony who has less than 200 million and eager to bury money into the ground.

They be conducting burial ceremony for money in the name of I own my house.

Every investment have it's cons and pros. Yes you can lose your lands during wars, or if the government has interest in the land. But that doesn't make real estate necessarily a bad investment. A land I bought for #1.2M in 2017, is currently being priced for ₦8M but I won't sell.

HacheNoire:
When I educate people about how bad real estate investment happens to be, many just seem not to get it.

I don’t know who sold the narration yo people that real estate is a good investment. Especially the young ones, who don’t even have a strong financial base, they make the first millions of their life’s and rush to go sink money into the ground.

Real estate is for big players who have made that money and now diversifying into other portfolios to leverage on risk. Not Tony who has less than 200 million and eager to bury money into the ground.

They be conducting burial ceremony for money in the name of I own my house.

The best I can do with respect to Real estate is a mobile 4 bedroom Mobile home with state of the art tech on a rented land. I can move my house anytime

Jakarta:
Every investment have it's cons and pros. Yes you can lose your lands during wars, or if the government has interest in the land. But that doesn't make real estate necessarily a bad investment. A land I bought for #1.2M in 2017, is currently being priced for 8M but I won't sell.

That's a profit of around 3.1 million naira.

melechpilusof:
The best I can do with respect to Real estate is a mobile 4 bedroom Mobile home with state of the art tech on a rented land. I can move my house anytime

On a rented land? If the person that owns the land didn't buy it, will you see a land for lease?
That mobile home can be destroyed with fire. But land can't be destroyed with fire.

jmoore:
On a rented land? If the person that owns the land didn't buy it, will you see a land for lease?
That mobile home can be destroyed with fire. But land can't be destroyed with fire.

I can rent from government or private.
Any material thing can be consumed by fire but if there's insurance then you are still good.

Jakarta:
Every investment have it's cons and pros. Yes you can lose your lands during wars, or if the government has interest in the land. But that doesn't make real estate necessarily a bad investment. A land I bought for #1.2M in 2017, is currently being priced for ₦8M but I won't sell.

Well, what if everyone on earth owns some land?

melechpilusof:
Well, what if everyone on earth owns some land?

Are you aware that human wants are insatiable? Even if everyone own some land, some will still want more, and even more, a good case study is Nigeria politicians. Land remains an asset, take it or leave it.

Jakarta:
Are you aware that human wants are insatiable? Even if everyone own some land, some will still want more, and even more, a good case study is Nigeria politicians. Land remains an asset, take it or leave it.

Now that China has been able to buy a substantial amount of Nigerian land and natural resources nko?

You don't know it, but you are threading on a dangerous and unsustainable path. Have you heard of the Chinese mining Federation of Nigeria?
It's not bad, I'm just bringing it to your attention.

melechpilusof:
Now that China has been able to buy a substantial amount of Nigerian land and natural resources nko?

You don't know it, but you are threading on a dangerous and unsustainable path. Have you heard of the Chinese mining Federation of Nigeria?
It's not bad, I'm just bringing it to your attention.

Your post lacks direction, you are just shifting goal post up and down. Foreign investors are not charity organisation, every investors aim is to secure his capital and make profits.

The danger is not Chinese mining Federation of Nigeria, but Nigeria's governance herself which is usually characterised by corruption, poor monitoring, policy inconsistency and lack of local capacity.

With all said and done, can you please check the title of your thread? You are sounding very incoherent.

Jakarta:
Your post lacks direction, you are just shifting goal post up and down. Foreign investors are not charity organisation, every investors aim is to secure his capital and make profits.

The danger is not Chinese mining Federation of Nigeria, but Nigeria's governance herself which is usually characterised by corruption, poor monitoring, policy inconsistency and lack of local capacity.

With all said and done, can you please check the title of your thread? You are sounding very incoherent.

Unfortunately, you are a poor real estate agent looking for 10% commission and you grew up in Nigeria, that is a death sentence on its own. Travel and see the world from outside. Me and you can't even argue, I will educate you only if you are open to learning.
But since you think you are clever, why has China banned private ownership of land if land acquisition by private individuals and corporations is sustainable?

Answer this logical and I will bow to you as superior.

melechpilusof:
Unfortunately, you are a poor real estate agent looking for 10% commission and you grew up in Nigeria, that is a death sentence on its own. Travel and see the world from outside. Me and you can't even argue, I will educate you only if you are open to learning.
But since you think you are clever, why has China banned private ownership of land if land acquisition by private individuals and corporations is sustainable?

Answer this logical and I will bow to you as superior.

Ogbeni you are a deluded conspiracy theorist.
China did not ban ownership of land because Realestate investment is bad.

There was a time China had extreme landlord exploitation. Peasants and low income earners were landless a few elites owned most of the lands. This led to massive inequality, revolts, and civil war. So after the communist revolution land ownership was abolished to prevent a return of feudal landlord power and exploitation. They wanted a centralised power, and prevented foreigners from owning and hoarding lands. People still lease lands for 30 - 70 years in China till date. China still has one of the largest real estate markets on earth. And here you are calling real estate a bad investment.

You are sounding very myopic, childish, and incoherent. For your information I'm not a real estate agent, but I'm better of being one instead of being a broke conspiracy theorist who doesn't know where his next meal will come from.

Educate yourself, I have friends and colleagues like you, who wants to educate others, but they only ended up embarrassing themselves. They want to teach others how to make wealth, but their own account balance is showing 0. You're embarrassing yourself, if you don't know.

J

Jakarta:
Ogbeni you are a deluded conspiracy theorist.
China did not ban ownership of land because Realestate investment is bad.

There was a time China had extreme landlord exploitation. Peasants and low income earners were landless a few elites owned most of the lands. This led to massive inequality, revolts, and civil war. So after the communist revolution land ownership was abolished to prevent a return of feudal landlord power and exploitation. They wanted a centralised power, and prevented foreigners from owning and hoarding lands. People still lease lands for 30 - 70 years in China till date. China still has one of the largest real estate markets on earth. And here you are calling real estate a bad investment.

You are sounding very myopic, childish, and incoherent. For your information I'm not a real estate agent, but I'm better of being one instead of being a broke conspiracy theorist who doesn't know where his next meal will come from.

Educate yourself, I have friends and colleagues like you, who wants to educate others, but they only ended up embarrassing themselves. They want to teach others how to make wealth, but their own account balance is showing 0. You're embarrassing yourself, if you don't know.

You can see that you are so ignorant that you are ignorant of your ignorance.
You just said there was a revolution because peasants and low income earners were landless and the elites owned almost all the land, isn't that what is happening globally? Is land ownership the same as 30years lease? Nigeria is a nation that destroys the thinking faculties of her citizens.. I don't know if it's the pure water or mama put but something is wrong with the way you reason.
I am educating you and you are busy forming guru.. talking about you have friends and embarrassing ones self you just validated my point: Private land ownership is unsustainable. It's can't go on for much longer. And another question that you need to ponder upon; are we at war?

But ofc an ignoramus will never change because ignorance is bliss. You prefer to stay in your comfort zone rather than learn something new, you can't even connect dot. You will come now and say something silly mtchew

melechpilusof:
J

You can see that you are so ignorant that you are ignorant of your ignorance.
You just said there was a revolution because peasants and low income earners were landless and the elites owned almost all the land, isn't that what is happening globally? Is land ownership the same as 30years lease? Nigeria is a nation that destroys the thinking faculties of her citizens.. I don't know if it's the pure water or mama put but something is wrong with the way you reason.
I am educating you and you are busy forming guru.. talking about you have friends and embarrassing ones self you just validated my point: Private land ownership is unsustainable. It's can't go on for much longer. And another question that you need to ponder upon; are we at war?

But ofc an ignoramus will never change because ignorance is bliss. You prefer to stay in your comfort zone rather than learn something new, you can't even connect dot. You will come now and say something silly mtchew

So if we were at war your floating house will not be destroyed? Do people still build houses in same China where private land ownership is banned?

China banning private ownership of lands doesn't still stop elites from controlling and having huge portions of lands. The elites still lease the best locations of lands, control development rights, influence allocation decisions, they still win at the end of the day, because the poor peasants still don't have access to these lands. They can only have access through same elites. The only advantage is the fact that the government can reclaim possession of the land, it doesn't shield the poor and peasant. This shouldn't be too much for you to understand if you can harness just 0.1% power of the brain.

Even though the Nigeria government doesn't ban land ownership, there are government reserved areas. People buy these lands for private and personal use, due to lack of strong institutions, corruption, etc.

Get this into your head, Private land ownership in China was not banned because it was economically unsustainable. It was banned for political, historical, and control reasons. People still build and lead houses in China. The elites still indirectly dictate who can lease a land.


Talking about education, I recommend showing this thread to your elders or your parents, and if they are being honest with you they will tell you who is educating who between the 2 of us.


You argue ignorantly without direction. Empty vessels they say make the loudest noise, you are just ranting incoherently. My sympathy to the man and woman who where happy that fateful day that a child was born. Like I will always say life is cruel and unfair, may God console them.

Bro you are capping rubbish, and you reason like an ignorant fellow. China banned ownership of lands for the government to have central control and authority over lands, not because it was economically unststainable or a bad investment.
Even with that it isn't still working as intended, because the same elites that they were trying to clip their wings are still same people taking the juicy lease deals. It is only not prevalent due to their strict laws on corruption.

Real estate is a profitable and secured long term investment when handled properly. There are areas in my state where if I were given 10 acres of land for #100k 10 years ago I wouldn't buy them. Same areas are selling for #3-6m per plot today. There are bound to be catastrophic losses of investment in any country at war. You are talking about lands and houses in Ukraine and Palestine, what about human lives? Parent invested heavily in training their kids, but so many of them lost their lives and that of their kids to horrible deaths. Businesses that took decades to grow were all shattered within the twinkle of an eye. In war your own life is not safe, let alone real estate investment. Land is scarce and finite which makes it a valuable asset.

Ask people that had real estate during the civil war.

Nobody should listen to the hogwash OP is saying.

The 3 basic needs in life are food, water, and shelter.

By shelter, it means a house, and by house, it means land.

His excuse for calling land a bad investment is just because of war useless logic.

During war, your own life isn't even guaranteed.

Buy as many as you can afford once it's genuine and preferably in your region or state.

Jakarta:
Every investment have it's cons and pros. Yes you can lose your lands during wars, or if the government has interest in the land. But that doesn't make real estate necessarily a bad investment . A land I bought for #1.2M in 2017, is currently being priced for ₦8M but I won't sell.

Let's be frank , that 1.2M in 2017 is valuable than 8M today.

In 2017, you could buy a tokunbu 2005 Corolla and 100 bags of cement with 1.2M.

Can you buy a Corolla and 100 bags of cement with 8M today?

Zonefree:
Let's be frank , that 1.2M in 2017 is valuable than 8M today.

In 2017, you could buy a tokunbu 2005 Corolla and 100 bags of cement with 1.2M.

Can you buy a Corolla and 100 bags of cement with 8M today?

Let's argue with facts and not sentiments please. First and foremost how did you come to the conclusion that 1.2M in 2017 is more valuable than 8M today?

If I had bought a 2005 Corolla and 100 bags of cement in 2017 for 1.2M, what would have been their total worth today, how much profit would I have made, if I wanted to sell them today?

Like seriously are you telling me that a man earning ₦1.2m annually or monthly in 2017, would have lived a more comfortable life than a man earning ₦8M today? Backup your claims with verifiable facts please, I await your response.

The best time to buy is when the land runs red .
That's an old saying that rings true.
As much as Europe was destroyed in WW2, many people profited immensely from it by buying land, jewelry etc dirt cheap from starving people that held deeds and titles

Do you know how many billions of dollars worth of gold was stolen by the US from Iraq during the Persian Gulf War and the second invasion?

Real estate is profitable always regardless.

HacheNoire:
When I educate people about how bad real estate investment happens to be, many just seem not to get it.

I don’t know who sold the narration yo people that real estate is a good investment. Especially the young ones, who don’t even have a strong financial base, they make the first millions of their life’s and rush to go sink money into the ground.

Real estate is for big players who have made that money and now diversifying into other portfolios to leverage on risk. Not Tony who has less than 200 million and eager to bury money into the ground.

They be conducting burial ceremony for money in the name of I own my house.

What is your alternative then.

P1PrinceKT:
What is your alternative then.

Stocks, trade, real estate flips, mutual finds, REIT

When I say real estate deals, don’t hold, renovate or rent. If you see the offer is right and mouth watering, buy and sell off. Cash out immediately and look for next opportunity.

You can’t hold down 200 million in the ground hoping to get to profit in next 20 years with maintenance and other expenses running.

Access to raw cash gives you a big edge to exploit opportunities and gives you flexibility to maneuver with economic and business trends.

melechpilusof:
By Real Estate I mean landed properties and buildings in a stationary position. I will not tell you the exact reason but consider this example:
Take a look a UKRAINE and Palestine, how is Real investment doing in those areas?
Anyone who studied economics will tell you, the only time Real Estate is a bad investment is in war time, so the question you should ask yourself is ;are we at war?
Is the world at war?

Consider this, why is land ownership banned in China? The most advanced civilization at present.

I keep many secrets because that is the only way I will prove to people that I am ahead of them. You are looking at the greatest wealth transfer in the history of humanity. Will you be part of it? I doubt.

Now even if you are able to answer the questions above, I still advise you to stick to your real estate because when you start rushing to sell you will lose everything because the rabbit hole goes deeper. You have to be a mad man, an elite or royalty, or on pills to be able to understand. This is just a teaser, just read and pass.

The OP is spot on about Liquidity vs. Asset Value. In a volatile economy like ours, Cash Flow is superior to Capital Appreciation.

Locking N50m in a building that gives you N2m rent (in Naira that is losing value) is mathematically risky. You are better off investing in skills or businesses that generate daily/weekly dollar income. You can't spend 'brick and mortar' when an emergency strikes; you spend cash.

RemoteNaija:
The OP is spot on about Liquidity vs. Asset Value. In a volatile economy like ours, Cash Flow is superior to Capital Appreciation.

Locking N50m in a building that gives you N2m rent (in Naira that is losing value) is mathematically risky. You are better off investing in skills or businesses that generate daily/weekly dollar income. You can't spend 'brick and mortar' when an emergency strikes; you spend cash.

Yes but what I am trying to get at is far beyond your analysis but you are right.

melechpilusof:
By Real Estate I mean landed properties and buildings in a stationary position. I will not tell you the exact reason but consider this example:
Take a look a UKRAINE and Palestine, how is Real investment doing in those areas?
Anyone who studied economics will tell you, the only time Real Estate is a bad investment is in war time, so the question you should ask yourself is ;are we at war?
Is the world at war?

Consider this, why is land ownership banned in China? The most advanced civilization at present.

I keep many secrets because that is the only way I will prove to people that I am ahead of them. You are looking at the greatest wealth transfer in the history of humanity. Will you be part of it? I doubt.

Now even if you are able to answer the questions above, I still advise you to stick to your real estate because when you start rushing to sell you will lose everything because the rabbit hole goes deeper. You have to be a mad man, an elite or royalty, or on pills to be able to understand. This is just a teaser, just read and pass.

So are u telling me that u have no real estate in your name?

Burob:
So are u telling me that u have no real estate in your name?

By inheritance not by direct purchase. I don't want land and my lifestyle makes land a huge liability.

Jakarta:
Ogbeni you are a deluded conspiracy theorist.
China did not ban ownership of land because Realestate investment is bad.

There was a time China had extreme landlord exploitation. Peasants and low income earners were landless a few elites owned most of the lands. This led to massive inequality, revolts, and civil war. So after the communist revolution land ownership was abolished to prevent a return of feudal landlord power and exploitation. They wanted a centralised power, and prevented foreigners from owning and hoarding lands. People still lease lands for 30 - 70 years in China till date. China still has one of the largest real estate markets on earth. And here you are calling real estate a bad investment.

You are sounding very myopic, childish, and incoherent. For your information I'm not a real estate agent, but I'm better of being one instead of being a broke conspiracy theorist who doesn't know where his next meal will come from.

Educate yourself, I have friends and colleagues like you, who wants to educate others, but they only ended up embarrassing themselves. They want to teach others how to make wealth, but their own account balance is showing 0. You're embarrassing yourself, if you don't know.

Same reason why we operate here in Nigeria The Land Use Act 1978.

melechpilusof:
By inheritance not by direct purchase. I don't want land and my lifestyle makes land a huge liability.

Ok, same here I inherited so much real property (developed & not developed), it will take me years to sell them off completely.

I see no reason to hold on to them.