I’m Rich and I welcome you on my personal space on the Internet. I created this blog with a single purpose – to inspire you to take charge of your money and help you become a financially successful and independent person.
Satisfying Consumer Desires Spur Real Estate Investment
The normal way of looking at the real estate industry is to see homes as the ideal investment plan. The human population isn’t getting any smaller, and new families always need new homes. Family homes are always a safe bet and for that reason alone the market for investing in homes is very competitive.
If you’re looking for a new or perhaps a changing market with plenty more versatile options, then you should look toward other industries. No seriously, look toward the movements in other industries that specifically affect real estate. Namely, consider how tourism is changing various previously underdeveloped land. What kind of new projects are being built to service the needs of the holiday industry? Hotels, theme parks, spa resorts, villa homes etc, are being built around the world for the increasing market of travellers and holidaymakers. Chase the market wherever the consumer desires are being met.
Shifting Coastline Developments
Despite what you might hear over the airwaves, this new younger generation has a lot of property opportunities. It’s true, many young families do find it hard to get on the housing ladder, but there are many young bachelors and couples that are affluent. Many millennials works in the city and have high paying salaries. They want something that isn’t so generic and for the masses when they go on holiday. Investing in villa homes is thus a great idea. Not only are more and more coastlines being developed on, but various villa styles are being built. Expert interior designers are being hired to suit the tastes of the younger generation. Whether it’s to rent or buy, villa homes are continuing to remain extremely popular.
Untapped Markets Abroad
Of all the various markets, the untapped markets are a combination of lucrative and flexible. What does untapped even mean? Well let’s consider the developments in east Asia. Various nations like Thailand are pumping more and more money into their tourist industry. Kurt Svendheim is the CEO of New Nordic Group which has become one of the main real estate development companies in Asia. Take a look at the 5-star hotel the company created in Angeles in the Philippines where luxury is offered to affluent tourists of all kinds. Investing in this kind of project and company allows you to inadvertently enter into untapped markets. The lion’s share of developments is often given to the most reputable and competent companies, so finding one that has already planted its flag long ago, should give you pause for thought. Investing in these real estate plans is also a long term relationship opportunity.
Startups are increasingly becoming more and more common outside of major cities. The congregation of multiple small businesses and startups is causing the demand of new business parks to be developed. Investing in these parks is another long term plan that assures you, you investment will continue to yield returns as multiple generations and startups will be using these properties.
Chase the consumer from other industries and you will be lead to new untapped markets abroad. Consider how the tourist industry is increasing the real estate opportunities.