It take a huge amount of materials and labor to build, and returns value slowly over time. Depending on the inputs and returns, this can either create positive or negative value.
Of course we should invest in actual property building, I meant investment class as in asset class - a thing you buy with the hope of capital increase. This is clearly quite different from investing in building houses that results in a new house.
It take a huge amount of materials and labor to build, and returns value slowly over time. Depending on the inputs and returns, this can either create positive or negative value.