I think LandDAO has good reasons for not accepting payment in installments because if clients are unable to meet the payments, it may have its own effects. However, in researching LandDAO, I found that one of their benefits is to make buying land easy. This led me to consider the idea of installment payments, which common people could also benefit from.
Did you know I talked about this same instalments package and how it could probably benefits the said LandDao if they could just create in a system for such initiative to thrive in their business. A practice I found not common among real estate companies which utilizes blockchain technology in land acquisition. I think it would put them on the map for diverse clients. Although am yet to get a response from that comment about what they think about it or they aren't ready yet for such phase.
But since they have mentioned no installment payments, perhaps LandDAO sells their land at affordable prices, as this may be the only way for everyone to buy land easily from them.
Well, you should know that land can't just be sold at any affordable prices no matter what, there are factors that influences land value and am sure those are what any real estate firm takes into consideration in valuing a land when buying or selling.
I get your point on the installment payment for those who can acquire lands via installment payment.
In as much as i understand your point i still agree with the decision of LandDAO not accepting installment payments.
We know how installment payment ends up most times. Some won't meet up with payment or not pay at all. And I think they disagreed with it not to be on the loss. Maybe as time goes on they can look into installment payment.
As they are just starting I don't think installment payment is necessary since the team already knows what and what will be needed to make every investor to have a complete documentation of their land without any issues.