Land - A National Resource....Builders Pls Stay Away..!!
I has always been pinched in my mind that why Land/Housing has been overlooked and why it cant be declared as National Resource, and like right to education, every one deserves right to live.
Now a days it is only being considered for investment purposes by the upper most class. Though we all knows that real estate always appreciate and is gainful affair. Why cant Govt. instead of allotting land to Pvt Builders, manage/construct its own and allot directly to the citizen. In the process, the undue gains being currently going in the pocket of pvt builders will be avoided and it will provide affordable housing at genuine price to the citizen. Will create an atmosphere of Trust and caring among citizen. Even there must be some law/regulation on holding of property beyond a certain limit (No. of property/area per person/family).
The legitimate gain on transaction of real estate which should be either go to the Govt or the Citizens are going to the pockets of builders /brokers only. more