Real estate deals a lot with the government. It isn't like manufacturing, logistics, home appliances or the auto sector, which deal with consumers.
Sentiment: NEGATIVE
The problem with real estate is that it's local. You have to understand the local market.
In the real estate business you learn more about people, and you learn more about community issues, you learn more about life, you learn more about the impact of government, probably than any other profession that I know of.
I think of real estate as a little bit like cooking or like art.
To me, I love real estate because you can feel it.
Half of this business is politics. As real estate developers, it's our job to go in there and get beat up.
Real estate is one sector that India is not very proud of.
We're the real estate industry - not the manufacturers.
Real estate is the key cost of physical retailers. That's why there's the old saw: location, location, location.
People should buy a house to live in, not as an investment. Property has become such a national obsession - it was the primary subject at dinner parties and how many television shows were dedicated to the market. It's not good for the economy.
Real estate investing is unique in that it's almost as much a career or a way of life as it is a form of investing. Indeed, the fact that real estate is involves so much sweat equity makes it unique among other investments.
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