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- Re:Location Location Location : How imporatant it is ???
Very nice post.Its very true location plays a vital role for deciding where to invest.One should look at a broad range of possible destinations and weigh up the balance of both risk and reward when making their final decision.But its a very subjective topic to comment.Different people have different preferences when it comes to deciding on a location.It is a very subjective decision whereas investment can be viewed objectively because of its inherent measurability in monetary terms. Anyways, the answer is easier to come by than you may think. Lots of research has been done on this topic and the consensus is that cities that are already on the growth path is likely to move up the ladder far faster than those that have yet to get their place in order. For example, if you were a Malayalee and wanted to invest inside Kerala you will want to invest in either Kochi or Trivandrum as opposed to say Thrissur or Palakkad. This is inspite of the fact that the real estate costs are far higher in the first two towns!But one should do a deep market research befor investing anywhere and repenting later on.CommentQuote0Flag