Why is everybody buying properties? | The Guardian Nigeria News - Nigeria and World News - News Summed Up

Why is everybody buying properties? | The Guardian Nigeria News - Nigeria and World News


The real wealth (capital gain) is made by selling when everybody is buying (period of economic boom) and buying when everybody is selling (period of economic crisis). Property investment remains a save haven during pandemic and those who have properties seem to worry less during pandemic. To prospective house buyers who think the coronavirus will lead to a crash in the property market globally, this is not so. They are aware the property market cannot crash to level zero. Multi-level marketing has been introduced in property market in Nigeria, while there are developers and brokers’ finance of properties bought by clients.


Source: The Guardian January 25, 2021 03:22 UTC



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