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RE: Real Estate: Asset vs illusion
questions worth thinking about...
but what is the definition of asset you considered?
also I don't have an answer but I think it could be somehow related to the region or the area of the house/property
yeah i guess there isn't an answer. But for Singapore, as the land is owned by the government hence most houses here can be owned for only 99 years. There are houses here which can be bought for freehold but that would cause way more.
Well technical assets should be generating income. While technically, real estate should rise in value but yet it is not something tangible as we don't see the cash.