- India's # 1 Stupid Real Estate Blog Since 2011 -

Are your Real Estate Investments in a City safe? Yes. Yes. Yes.

We put together this blog post to answer that question with some cool facts and three exhibits. By the time you finish reading through this, you might just get to see the point and shake your head in unison with us.

Exhibit #1: Dubai (Image came up on our Facebook feed last evening)

Dubai - 1991 and 2013
That is how Dubai transformed in just two decades! 1987 and 2013 images of Dubai.
Exhibit #2: Las Vegas (Image was in a comment below the Dubai Facebook post. Awesome, isn't it?)

And that is a stunning 'then and now' image of Las Vegas
Exhibit #3: Shanghai (Searched and found this gem on Mail Online)

Shanghai - 1987
And that is the very same spot in Shanghai, just 26 years later in 2013!
Every before and after image will tell you that no matter how much real estate you build, it is never enough.
Still don't agree? Here are some cool numbers for you to mull over then;

- More than half of the world's population now live in a city, and with the number of urban residents increasing by 60 million each year – that's two new urbanites every second.

- At this relentless rate of expansion, we will see over 70% of the global population living in urban areas by the year 2050

- Requiring the equivalent of a new city of 1 million, built every five days between now and then.

Source: Guardian Cities

Go ahead then, write out that cheque for the commercial space on the 8th floor of that futuristic building. You can't go wrong with that 'relentless rate of expansion'.

Cheers!
Rahul Mishra (Connect with me on LinkedIn)

3 comments:

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  2. The ariel views of the world most beautiful cities are epic. I can’t even imagine Vegas as a an empty deserted land.. Every developed residential area once was a barren land.

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