abj replied on Saturday, November 8, 2008 07:03 AM
Actually, a lot of people overseas are limited to CDA, Bahria and DHA, as these have proven to be secure comparatively. Its different if someone is there locally, and they can do all the needed research for other schemes, and then can visit ocasionally to make sure someone else didnt build their house on it. A lot of expats dont have that option, plus they utilize these to diversify risk and not put all their money in that particular risk. Comparison is to money in bank vs. a DHA/CDA/Bahria plot. Most are thinking a lot longer time down the road. All the DHA/bahria schemes you mentioned as losers will have a lot more people to bet on vs others at any given day, as the only down side could be the development time frame.
If someone is looking for a short term / quick sell, thats different. For that, most look at the stock market. So depends on what the goal is. |
