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