RPC

Before we dive into blockchain influence in real estate, let us look at bigger picture. Property is the largest asset class in the world i.e. $228 trillion in 2017. This consist of $168.5 trillion in residential real estate and $32.3 trillion in commercial real estate and $27.2 trillion in agricultural land and forestry. THE STATE OF REAL ESTATE IN THE WORLD Most people agree real estate investment is a lucrative way to earn a living, but see it as a difficult industry to break into, especially with all that money on the line.

We often hear people complaining that there aren’t enough deals right now or no good deals or no takers around. Maybe they’re struggling with how to make money in the current market or maybe the strategy used is wrong in this current market and did not work as well as it did in the previous cycle. That led us to the question: How well do they understand your market? Most real estate markets are localized and geographic, and there can be multiple sub markets.

Is now the right time to buy property? On Rapid Property Connect FB Page on 16 November there were two articles with differing views on the property outlook for 2018. It’s always at this time of the year i.e. year end or beginning of next year (2018) that Property Outlook seminars or talks will be held to predict the outlook for 2018. Do you remember the outlook predicted for 2017?

When it comes to house prices and rent levels, everyone has an opinion. From the conversations in the market or coffee shops or dinners devoted to the subject, it’s surprising how little thought most people dedicate to why things are they way they are – and for evidence to support their assertions about what might happen next. General ideas about “not enough houses”,” greedy developers” and “greedy landlords” are often singled out – and while these play some part, the true picture is a little more complicated.

Today, I’m going to share something that’s gotten me excited. What do you think of when Thailand comes to mind? I bet it’s travel and vacation related. But these days, travelling to Thailand is no longer limited to shopping, tourism or relaxation purpose only. The country is now fast growing its economy and inviting expats to make investments in various business segments. The Thai government has always believed in the free and open economy and is acknowledged for its clarity in dealing with foreign investors.