Half of the rich people keep continue to swim in fame and wealth because of their occupied landed properties. If you own a land, housing estate you can be sure living great but this wealth are mostly control by political leaders and BD individuals......if you're blessed enough begins to occupy property's that can sure your next generation...
I don't think that property matters are fully controlled by politicians, because what I saw of the same cases in my country were mostly those who managed housing, most of the owners were people who were not involved in politics. Housing managers in the area where I live are more independent and represent their own company, so they are more inclined to work with BANK lenders and personally manage it all for their company.
Most of the people who work in this sector have enormous wealth and I believe the housing sector is currently very developed. Moreover, the nature of buying a house involves credit and must be paid in installments every month with a repayment period according to the agreement of both parties.
In my country Nigeria if you don't have any of this properties forget yourself, you will end up making life mortgage and tenancy. Land never depreciates it keeps buying higher that's why I considered it the best investment. What do you think?
Not only in your country, in almost all countries when we don't have land to build a house our life will be much more difficult, in the end we have to rent a place to live for life. The solution is to buy land when the ability is there and you can build it after all the preparations are met. Land never depreciates and is also the best investment if we can afford it.