Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
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” <strong>money</strong><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 <strong>money</strong> 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 <strong>money</strong> isnt<br />
wealth then what is?<br />
Wealth is any asset which has the inherent ability to<br />
maintain its value over several generations. The 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 />
The 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 <strong>money</strong> against currency devaluation through the construction, rental and management<br />
of exquisite apartment blocks.<br />
The 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 />
70<br />
59