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Real Estate Question: What Are Disadvantages Of Purchasing A Land?
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[QUOTE="Kingsley, post: 223820, member: 30278"] There is hardly anything in this world that has an advantage that does not have a disadvantage, we all just try to find a balance to it. I see some people going round and saying all they care about is making profits, this is absolutely not correct as it appears that in a business the account that shows the financial strength of a business is called the profit and loss account. There is a reason why the account is called profit and loss account. In life it is either one is making a profit or a loss. So we should not just focus on the advantages as there are also disadvantage to a particular thing. Owning a landed property some feel is a major asset this is true theoretically, but practically one who purchases a land and fails to utilize it productively for a reasonable venture will not benefit anything from that land other than incure more expenses in the course of maintaining the land in terms of clearing the bushes on it. And if one secures such a landed property in a very unsafe territory I doubt if that land can amount to anything reasonable as the land will not bring about any profitable venture. [/QUOTE]
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Real Estate Question: What Are Disadvantages Of Purchasing A Land?
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