Do not waste your money! look for the long term.
(The remarks made in the post are an opinion. There is no financial recommendation whatsoever in my words and things are at your own risk.)
The price difference between the center and the periphery has decreased by almost 30 percent in the last 20 years in average(In developed countries)!
Most people understand the reason why buying land in the center area is a lucrative thing,
You are close to more jobs, you can find a job easier, you are more close to any service of any kind, education is usually more financed.
Most attention goes to the center of the country, not to the periphery.
So why buy in the periphery rather than the center?
So the most obvious thing to say is: where all the people's eyes are if you invest your money there you probably will not see much of it.
Just as it was when Bitcoin went up to $ 20,000 too fast(Without technological justification).
A good friend told me that
"when you start hearing two grandmothers talking about Bitcoin in the garden near your house, it's time to sell."
Lol so true!
(but I HODL!!!) by the way, in my opinion, it's a good position to buy cryptocurrencies now. why? because the most of peoples think it's dead investment...
The wealthy people who do not understand anything in digital currencies think that for one currency to pay ten thousand dollars is a lot! - Do not understand the potential
I see a lot of people looking at it like a share that cost $ 10-20,000.
For our purposes, why is it worth buying apartments in the periphery?
- Transportation is going to improve!
It may be that it takes an hour or three to reach a central area if you live in the periphery.
In Israel, for example, getting from Eilat to Tel Aviv can take 6 hours!
But while I'm talking to you, there are peoples that building a train that will make the road from Tel Aviv to Eilat instead of in 6 hours in less than an hour!
- flying cars?
Back to the Future!
Yes, Big companies talking about flying cars already in 2019, let's say that the flying cars really will be widely used in 2030.
Will distance from the center really matter?!
This air distance will turn remote areas into accessible areas!
It's not really that there's any doubt "will there be cars flying," the question is when.
At the moment, one of the greatest progressives - "Elon Musk" Chills the winds and says that
apparently flying cars are not what we will see in the near future for three main reasons:
- the tremendous noise they produce.
- the second reason is that an accident that ends in the air will probably end in death
- the third reason,
It is simply too expensive for the average citizen or even for an average citizen, for a citizen with higher than average economic means.
but still.
When giant companies such as Google, Microsoft, Bush and Intel are investing billions of dollars in making a flying car for the general public, it seems possible.
This I knew from I was a little child. My grandfather always putted it to my head :D
This is The perfect justification for sell. and I remember when you told
I am telling a truth that happened in India. One entrepreneur called, Radhakrishna Damani, Bought plots outside of the city in between 1990 to 1995 at lowest price all across the country. At that time most of the people called him fool. But Now All his plots are in well placed & priced. He now started a supermarket. His company made 300% profit last year.
So, In my Opinion, It's better to buy outside of the city at a lower price, and The invest will be fruitful within 10-year max as world technology changing so rapidly.
Many apartments in places which are located outside the city are better to make investments. Many localities in and around the city are having a growth in real estate market. Making an investment in these regions are sure to get you much profit in the future. In the upcoming years, land as well as property value of these localities will be more higher than the areas inside the city.
Yeah damn true
The flying cars are going to exist in future
Due to which the transpotion get cheaper in future
Good point of way to discuss keep doing that sir
There are serious potentials in money and capital markets for those who are confident in their knowledge and skills, but money and capital markets are similar to high-tension lines. It does not remove the fault, it multiplies instantly. Can not you make money in the short term in real estate? Of course it can be won. There are winners, but the reason for this gain is mainly political stability. When the wind reverses, the gain also comes to an end. There are companies in the market that make money for investors. Such companies are growing fast, folding the rolls every year. Especially in the housing market there is a very strong screening system. This system is very quiet and profound. He raises his business to good deeds, while his bad deeds send him to the depths of history.. @amiramnoam
You are right @amiramnoam. Another very important factor is as the population of the center increase, they city will start expanding to take in the outskirts or periphery as you call it. Therefore the value of the land or any other property you invested in in the periphery will increase go value yielding high ROI
think long-term is very important for the trip is far
especially in the towns of the poor
a friend. city telaviv advanced and sophisticated but is still programmed for long-term
thanks for your explanation
Vote me
This is quite a different perspective, everyone runs to buy land in the mid of the city for accessibility but yeah may be, at a time in future, the things that are of importance now might not remain the same.
But i think no one can actually estimate anything. Anything can happen in this world just likr anything can happen in the crypto world.
Better try think as logical as possible and take your decision. Leave the rest on luck !!
WEll thats what i think.
Waao this is a very well drafted post by you my friend and you are right that the good entry point in Cryptocurrencies is right now because that's the golden rule "Buy when no one wants to get in and sell when everyone wants to get in"
And i also hold my Cryptocurrencies because i believe in the future of Cryptocurrencies just like big companies believe that their is a future for flying cars and i really don't know how a normal income citizen able to buy one but let's hope for something good.
And brother i have a little request that i just posted my introduction post so please give your valuable feedback.😇
Buying land on the periphery also makes it effective cost-wise and it is truly said the world is become a smaller place. In the city where I live, what was once considered outskirts has now come within the city limits, so it is certainly great advice to buy a home irrespective of the location as long as it has got proper amenities like water, sanitation, etc. Flying cars will be such a cool invention!
We live in a great time where cryptocurrencies offer such great independence and opportunities to people. People should make use of it, especially in places like steemit where you don't always need to put in money, you just need to invest your time and effort.
Wow @amiramnoam. What an interesting and classic argument I haven't thought of for a long time. The last ten years there has been a rush back into the city not only in Seoul but also my hometown Chicago. Neighborhoods became gentrified and huge areas of the city developed. Today the difference of the house in Seoul and just across the street outside Seoul is three times. The Korean countryside has seen so much development it cannot be properly called countryside by an extension of the city. Transportation became better through fast trains but commuting is still expensive. A big difference in the future will be the amount of digital nomads who work at home. @amiramnoam thanks for writing this and sharing your thoughts.
with telecommuting there is less reason for commuting in person at all and no reason not to live out in the country.
Yes it is profitable depends on the country and current situation.
I would agree, unless you got major sources of water. Every one knows we always tend to build next to water.
Very good information, thanks for sharing
What is your idea about investment in steem platform?
Hi there
I agree with this passage
Very nic post.
You have removed the resources very well. I understand the meaning of your post. Really i appreciate you.
Great post man
I think you should buy land apartment as investment where ever you can from simple reason first you get monthly income from rent - which is very good cash-flow and second the prices are going up so first you get monthly income and when you will sale it in ~ 20 years you will get more then what you paid
wow, amazing. :) really appreciated. a good way of spending the money. thanks for sharing
It may be right but people feels it more safer to invest in the land or apartment than investing in other things,its like traditional investment & worth to do.& its simple like nearly accessible to everywhere is the main reason to buy at center.
Here in Nigeria it ia better to buy land in remote areas, all centred areas are fully booked and highly expensive. Anyone looking ay investment is better off buying at lower prices from remote areas. It always always appreciates in a shortwhile.
Great post
Well @amiramnoam, I must say you are witty and funny.
Now coming back to the arguments. Well I rather say that one should not buy an apartment itself either it be a city or periphery. One needs to invest in a venture which can generate revenue which can inturn be invested into appreciating assets.
Socio Economic factors drives the prices in an area, so till the time there is disparity in incomes it would continue to stay.
But for fun, I say Periphery always as I would love to take the flying car lol :D
what is explained very true, I like what you write in this post. good work friends, success always
Wow..excellent post, thanks for shating
This is called show-up, because they have a lot money.
Now is the time to invest in STEEM
Great post. Thanks you :)
I'm a mechatronics engineering student. I've done some research on flying cars. There are flying cars right now, but they're under development.
Why is it worth buying circle around? The answer to the question: the population is increasing, so the settlements are being made outside the cities. I think the new residential areas are more suited to life standards.
geez you kinda got a point there
One of the things that's really different on Facebook, is that Facebook posts rarely are about Facebook itself. However, here on Steemit a very large portion of the posts is about Steemit itself.
On one hand this seems necessary for the platform isn't really self-explanatory yet. On the other hand it also seems very 'evangelical' to the normies.
Maybe we need more simple and fun content here on Steemit to make normies feel welcome, I think.
Well @amiramnoam , i like your school of thought about making and investing money.
Generally if its me, i will prefer buying land in a rural area or underdevelop place than the centre of a city because the world is going digitalized and development will go with it.
And i love elon musk reasons why flying car wont work in this our world unless they will be able to tackle the reasons he gave.
I love this topic.
Great post
Thanks for sharing.
Thanks for this informative post
I believe there is lot more peace and calm in periphery than in the centre. Though there will be a time when periphery will also become a Centre for future Generations, though I believe be there where u find calm
You have many geniuses and updates
Taking lands in outer periphery of any city is becoming a trend now,most of them didn't get ROI in long run due to choice of selection,but yes small but smart selection could yield the ROI in multiple folds,but one has to full aware of saturation first.as not all the cities are going to expands in length and breadth,some time a small property in the middle of the city can get more benifit than a big one at outer periphery of the city.
do you have an iphone..... i will just say dont waste ur money :v
Really helpful, thanks for sharing
what a creativity!!
thanks for sharing.
Definitely an investment in peripheral lands will give you better fruits in the future, the big cities especially in Latin America come to collapse and become unbearable, people seek to live in quieter places that are not in the center.
It is a good investment since with time it increases its value considerably even more if you invest in the construction that you can make there, to my step, I love your pots it's nice to read them.
Development is happening at a very fast pace and in any part of the world in almost every city, the city limits are extending. So what is the periphery today down the line will become central hence its very much advisable to have your investments in the outer limits for better returns