Tag: Obsession with buying a house: Why do Indians prefer real estate?

Housing Sales

Obsession with buying a house: Why do Indians prefer real estate?

November 5, 2018

Real estate is a capital guzzler, illiquid, immovable and indivisible. Also, it is cumbersome to acquire, maintain, liquidate and bequeath. Capital guzzler: Many times, a single piece of real estate will constitute almost 70-80% of the client’s portfolio. If that is the case then it is a no-brainer that real estate shouldn’t be considered. Illiquid: […]

Obsession with buying a house: Why do Indians prefer real estate?more