no we don't all know that!
i don't know if you realize this but things are very different in different countries. and you forgot to mention which country you are talking about. for example where i live (which i don't mention it either
) the real estate market has been down for at least 6 months with prices falling even.
it usually is an economical thing and is directly related to how developed or underdeveloped the country is. in developing countries the real estate is usually hot and price are rising. some even consider it a good investment. which is why i am going to buy my first house real soon - thanks to bitcoin price rise i have enough money to do it now!
Yes, it varies from region to region and from country to country but in a general perspective if we talk about the real estate business it is the best business in the world with the high profit margin. On the top is the business of ammunition which gives you the top money making margin in the world which is useless I guess, we should stop supporting it.i don't know if you realize this but things are very different in different countries. and you forgot to mention which country you are talking about. for example where i live (which i don't mention it either
) the real estate market has been down for at least 6 months with prices falling even. it usually is an economical thing and is directly related to how developed or underdeveloped the country is. in developing countries the real estate is usually hot and price are rising. some even consider it a good investment. which is why i am going to buy my first house real soon - thanks to bitcoin price rise i have enough money to do it now!
Anyway coming back to the real issue that this is one of the best revenue generation businesses for the government and the governments always favor this business to support it and it is good for the citizens as well.