08.11.2013 Views

The POLITICIAN 1000

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From the table you can see how the American dollar<br />

has depreciated in “real” value i:e purchasing power<br />

by over 25 times. For example, what $1 dollar could<br />

buy in 1900 now requires $25 dollars, or to put it in a<br />

real scenario, if you wanted to buy a house which cost<br />

$1 million dollars in 1900 today,<br />

it will cost you $25 million dollars.<br />

Many people seem to believe<br />

that the more “paper” money<br />

they have in their bank accounts,<br />

vaults, mattresses and safes, the<br />

more economically secure they<br />

will be and yet that assumption<br />

couldnt be further from the truth.<br />

Paper money is not wealth, it is a<br />

means of exchange which means<br />

that it can be used to purchase<br />

wealth. So if paper money isnt<br />

wealth then what is?<br />

Wealth is any asset which has the inherent ability to<br />

maintain its value over several generations. <strong>The</strong> greatest<br />

form of wealth known to Man is “land”. It was<br />

Mark Twain the famous American poet who said and I<br />

quote “Buy land because they’re not making anymore<br />

of it”.<br />

In communities all over the world the value of land<br />

continues to increase from generation to generation.<br />

What your Grandfather paid for a plot of land in 1930<br />

is certainly not what you and I would pay for that<br />

same piece of land today. So if land is valuable then<br />

so is anything built<br />

upon that land. This<br />

now leads me to the<br />

ultimate wealth preservation<br />

vehicle “property”.<br />

<strong>The</strong> demand for<br />

housing in Nigeria far<br />

outstrips the supply<br />

and this is what has<br />

fuelled the exponential<br />

growth we are seeing<br />

in the real estate sector.<br />

Houses which were<br />

sold last year for N20<br />

million naira are being sold for N40 million a year<br />

later. It is an open secret that Nigeria has one of the<br />

fastest growing real estate sectors in the world and this<br />

is just the beginning.<br />

With a teeming young population which makes up<br />

75% of our 180 million population, the growth in the<br />

real estate market has only just begun.<br />

We are a professional real estate development and management company and our services are second to<br />

none. We will hedge your paper money against currency devaluation through the construction, rental and management<br />

of exquisite apartment blocks.<br />

<strong>The</strong> services we provide are as follows;<br />

• We source the land<br />

• We design the apartment block (Minimum of 12 apartments)<br />

• We build/construct the apartment block<br />

• We seek tenants for the apartments<br />

• We rent out and manage them on your behalf<br />

• You must simply seek back and watch your investment grow<br />

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