28 May Demand and Supply in Real Estate || How To Identify Property Maturity
Real Estate is demand based, either to flip, rent or shortlet, if demand is affected, your return on investment will equally be affected.
Therefore, it is important you understand demand and supply of each location, objective and audience, and how time affects each of these factors. For example, an emerging location will be perfect for land banking, however, demand for shortlet or flip at the emerging period will be low.
Furthermore, as a location start developing, new markets start to emerge, you might have to convert to or from residential, commercial and industrial purposes, depending on what fit in the market at that time. Truly, properties will definitely appreciate overtime, yet, the appreciation rate differs and maturity period for some properties might be fast or slow.
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