Quote from: Renampun on July 07, 2023, 08:13:49 PM

Quote from: FiveG on June 12, 2023, 10:41:06 PM

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... 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?

land is not the best investment for the future, just imagine if there are many people who have ambitions to own land then they will start setting aside their immediate family just to claim sole ownership of land. in my country only old people own land, some young people are also landlords but it is a property inherited from their parents. that's why bitcoin and cryptocurrency are the best investments for young people because we start from the very beginning so that the possibility of making profits in the future is very large (rather than investing in land)

Op was to generalised and hardly did he consider that there are some landed properties (land) that may not appreciate even in 10yrs time due to the location of the property.
Landed property acquisition is good as an investment only when you are sure of the investment return within a stipulated time.
If you want an investment for the next generation you can consider buying land in rural places, survey and leave it for years, by then it will appreciate.