And let's not be surprised that if installment payments is being accepted, more investors might comes into it than we can even imagined, because it's of reach of everyone.
Before we begin to request for LandDAO to make available space for installment payments, we also need to consider their reasons for not have included it in the first place because I believe every company has their aim of establishment and their rules also helps them to maintain the standard of the firm.
Let's consider the price of lands now and in the next two years do you think the cost of buying a land now and two years will be the same regardless of the location? I believe LandDAO must have considered so many things before waving off the idea of installment payments.
Exactly @Giftedman but the idea with installment payments is that, buyers always get to pay for a commodity higher than the actual price and this is so because no one knows what might happen tomorrow.
I also understand that, land is always an appreciative asset and commodity but there are also circumstances that could lead to price depreciation of a commodity(like land) which might be to the advantage of the sellers.
I think LanDao already made it clear that, they don’t accept installment payments but I think also having a second thought about it wouldn’t be a bad idea even if it entails investors paying above the actual price which is normal for every installment payment.
Just as@Futurexxx already said, accepting installment payment would also attract more customers and investors and giving room to those who can afford the actual price all at once.