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.
I am glad you understood my point though you have to not embrace it. But just so you know, such instalment agreements does come with some conditions to the signatory who wants to own a land but through instalments. The conditions they could set which will be legally binding would be that if the buyer is unable to pay fully by a given set of 1 or 2 years interval to meet up with total pay. It's all about business initiative and there's no way anyone would want to stop half way after knowing they signed a contract that can forfeit their uncompleted payment, not to talk of leading to a disagreement.