Real Estate Business in Pakistan and Its Economic Implications

Atiq Rehman

MPRA Paper from University Library of Munich, Germany

Abstract: The real estate Business has been one of the most attractive businesses in Pakistan during the last decade. This business minimizes the investment risk and offers high profit margin simultaneously. Therefore this business attracted lot of investment. However, this business has very important implications for several socio- economic indicators. The real estate business demands huge amount of investments and earns high profit margin than the ordinary investment, therefore leads to increased income inequality. The real estate investment reduces the velocity of money leading toward lower level of production. The attraction of industrial investment reduces because of this business. However, no scientific study on the consequences of real estate business exists for Pakistan. This study discusses the economic consequences of real estate business and proposes some reforms to reduce the undesirable consequences of this business.

Keywords: Real Estate; Capital Intensive; Investment; Remittances (search for similar items in EconPapers)
JEL-codes: R0 R3 (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/44770/1/MPRA_paper_44770.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:44770

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().