Post by wright on Jun 11, 2013 5:59:33 GMT -6
The increase in population will always create demand for more demand for goods and services and also more living, office and commercial spaces. Population growth is considered as an intractable problem by the national governments in scores of third world countries. However, it is being considered as a great resource by some of the countries in the gulf like the UAE. On the one hand the population of the UAE is increasing and on the other hand the national government could successfully create living spaces with world class amenities for a large section of the population several decades ago.
Thus, the present real estate developments is intended to create living spaces for the immigrant population and the rentals so collected is seen to meet and even exceed the cost of building the housing or commercial infrastructure. Once, these immigrants leave, the increasing population will have enough living spaces not only for them but also for one more generation.
The welfare measures at both the individual level and the family level are a class apart thus the individual and household incomes are on the higher side. The homes for sale are immediately brought out by such well to do families because they see an investment in a house as an investment for the future because the land prices are continuously appreciating like never before. Through equitable distribution of wealth, the modern households are able to invest in any type of infrastructure. Thus, both the investor and current owner of a home will be benefitting from a transaction.
Thus, the present real estate developments is intended to create living spaces for the immigrant population and the rentals so collected is seen to meet and even exceed the cost of building the housing or commercial infrastructure. Once, these immigrants leave, the increasing population will have enough living spaces not only for them but also for one more generation.
The welfare measures at both the individual level and the family level are a class apart thus the individual and household incomes are on the higher side. The homes for sale are immediately brought out by such well to do families because they see an investment in a house as an investment for the future because the land prices are continuously appreciating like never before. Through equitable distribution of wealth, the modern households are able to invest in any type of infrastructure. Thus, both the investor and current owner of a home will be benefitting from a transaction.