Real estate can be seen as a game of chance and time in a number of ways
One way is that the real estate market can be unpredictable, and the value of a property can fluctuate over time due to various factors such as the state of the economy, changes in the local housing market, and the overall supply and demand for properties in a given area. This means that the timing of when an individual buys or sells a property can have a significant impact on their financial success in real estate.
For example, buying a property at the right time when prices are low and then selling it when prices are high can result in a profit, while buying at the wrong time or holding onto a property for too long can result in financial losses.
Another way that real estate can be seen as a game of chance is in the process of finding and securing a good property.
This can involve a lot of searching, negotiating, and bidding, and the outcome can depend on a variety of factors such as the seller’s motivations, the state of the market, and the competition from other buyers.
Overall, while real estate can be a potentially lucrative investment, it is not without risk and the outcome can depend on a combination of chance and careful planning.
