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If investors take their money out the property investing, what will happen? Property taxes replied on Monday, April 30, 2018 06:24 PM
Catastrophe and bloodbath |
invester replied on Tuesday, May 1, 2018 04:20 AM
The good old days of making millions and not paying income tax on that income are over. Due to IT every organization can instantly know if you are a tax payer or not, hence eventually everyone will have to become a filer. This can be delayed through protests or pressure groups but cannot be avoided forever. This will result in substantial dip in property prices in the long run |
Zaheer replied on Wednesday, May 2, 2018 07:03 AM
Something good will happen, people will find new business avenues eventually the capital will again turn to property instead dumping in banks. A continuum of cycle will emerge . |
Asif replied on Wednesday, May 2, 2018 09:06 AM
Still you will see almost the same prices of properties in online world for at least 1 year, :-) |