The Ugly Truth no one tells – Realestate Saver!

This is article will annoy many developers around the world as realestate market is going through a very difficult situation because of 2008 crisis and Pandamic of 2020! This is what media is publishing and enforcing in our minds where the real reasons are totally different and each developer knows the ugly truth…

In this article, we are not subjective, we are presenting our viewpoint from HomyFinder prospective and we are happy to discuss it further if any wishes. The realestate market complicated rescission reasons are as follows:

  • Being Greedy to achieve high profit margins
  • Depending on 1% rich people and develop properties for them
  • Majority of realestate money is wasted into fake prestige to attract certain level of customers
  • Dirty money is pumped into realestate in hidden way and governments regulations are not strong enough to stop it and some allowed it as it’s a method to get it back
  • Middle class properties are totally ignored and set prices in a way to keep it as renters, so rich becomes richer
  • Banks are in deep debt relaying on bail-out as they think they present themselves as a main pillar to economy wheel; but after 2020, they will be owned by local Central banks due to their debts

Now, the above ugly truth which no one tells, caused a accelerated economic rescission beside COVID-19 pandemic where the only realestate saver is to change the rules; otherwise, it would never comeback to the assumed profit margins at the developing time, so investors will lose their money with huge gap. For instant, an investors invested into a property ($1 million), where it’s current sale value is ($0.5m) and by rent, it will payback within 30years! so the money is lost into unreliable assets due to wrong investment direction…

Realestate market is know as the rock-bed for the whole economy in many countries; however, it goes in many ups and downs cycles, but due to the wrong investment direction where majority if not all developers took, now the music is laterally going to stop…

How to save the realestate market for the long run? they know, but they don’t want to implement it to stay on the top like before; however, this time is different even if the market get recovered, it twill take more than 15 years to come back to 2019 point… and some suggestions to save the market…

  • Develop middle class properties to enable them to buy
  • Rent-to-own concept like car dealers
  • Change the regulation to lower the taxes on properties
  • Reduce properties prices to match bank loans rules, so middle class can apply
  • Stop being Greedy as fire will return back in awful way or might kill the property
  • For rent, stop dreaming of high returns like the past era… adopt to the current situation…

We do believe even if the markets are controlled by some rich people or some super-rich families, the reality now has been changed dramatically fast and shift into different bases, so accept it now and adjust, before being forced by economic parameters you can’t control or ignore…

This is our prospective, but this is the ugly truth no one tells to keep the silly ego an fake prestige of wrong investment direction in relaestate market…

Very simple rule for any investment: if your investment is not creating real jobs for people, or asset for people to own, then you are wasting your money on the long run… and it’s clear now for everybody… 

Share your thoughts, and let’s discuss it further and know what’s your viewpoint…

Join The Discussion

Compare listings

Compare
WhatsApp chat
Enable Notifications    OK No thanks