But that’s the real-estate story. It is a horrible, clunky, chunky investment that has lots of costs, which people forget to add to the profit maths. It is illiquid – you can’t sell in a hurry. You can’t sell one room to raise some funds – you need to sell the whole darn property. It needs periodic investments for maintenance. For society flats, there is the added cost of high charges. But we remain wedded to real estate.
