Why is Asian so obssess with property investment?
 

Why is Asian so obssess with property investment? seriously? why?

Because american is VERY good at selling pipe dreams and the rest of the world is a bit slow on realizing it doesn't actually work.

LOL... tats a good one...

You can invest in property wisely to get a high rate of return for yourself. Real estate such as a house is a very useful asset. It's a great investment to buy residential real estate or commercial real estate such as a store on a plaza. You can buy a property for a whole price and rent it out to other people. You can also get a mortgage on a residential or commercial property. If you buy a commercial building on a highly populated plaza, you might see rates of return such as 10% a year. You can earn more money. Invest and buy assets to help increase the profit of your business. Buy useful assets, such as: buildings, computers, tables, chairs and lamps. You may also consider renting out space for commercial purposes. Good luck!

A very real quote was made a long time ago. I think in the late 1700's.

" Buy Land! They are not making it any more. "

They think long term

beacause if Tommy Wu can do it....

so can you!



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Mabey because over the last 50 yrs, more people have generated wealth from realestate ownership than any other source. Hard to argue its a good long term investment, at least from a historic POV.

asians believe delaying enjoyment to a later stage could bring more joy later... but they forgot that Uncle Sam will screw them up by printing more money to make their money worth less in the future...

if you dont know what you are talking about its better to be silent

Many asian countries have long history of inflation and currency being wortless due to different types of domestic wars, riots and governments being overthrown. In short, many countries are not very stable and has definitely not been it over the years. It has been one of the few ways to secure future wealth, in a situation where they haven't had much alternative.

i thought property right wont work if the govt is being overthrown... the new govt will take over all the property/land right..

If I was silent, I would have said nothing.

I thought they were obsessed with owning convenience stores and the casino.
:helpme