Many people understand that real estate can create wealth, but not everyone understands how owning a property can generate wealth.
Owning a house is perhaps the best security for any man, going by Nigerian standards. This is why the race for house ownership is intense among young and upwardly mobile people. For some, home ownership represents asset and investment for the future.
The fact about owning a property is that the value never depreciate , but will always appreciate.
Between 2010 and 2015, the real estate sector in Nigeria has grown rapidly at an average rate of 11.4 per cent, contributing 3.9 per cent to the country’s gross domestic product (GDP). Presently, the real estate sector is forecast to grow at 5.39 per cent between 2019 and 2021.
But as an income earner, you just assume that investing in real estate is for the rich only, you are actually very wrong. Ofcouse you can’t invest in what you don’t know about. What you need is the right information.
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