Stella Dimoko Korkus.com: Quick Question

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Tuesday, October 05, 2021

Quick Question

 


18 comments:

  1. A piece of land is different because it appreciates in value.

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  2. Land and noodles no get the same value. πŸ€£πŸ˜‚πŸ˜œ

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  3. Lands do appreciate. The issue of land is normal and expected to be so.

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    1. Just as land appreciates, labour costs/wages appreciates, cost of goods appreciates and therefore price of noodles will appreciate.

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  4. Lol. At the end of the day, there must always be a gainer and a loser😁

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  5. Because it's the company that makes the noodles that bought the land.Itza is a simple sturvs.

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    1. πŸ€£πŸ€£πŸ€£πŸ€£πŸ˜œπŸ˜œπŸ˜œπŸ˜ƒπŸ˜ƒπŸ˜ƒπŸ˜ƒ

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  6. Land and noodles no go fit compare fo r dis life or in the one to come😁.

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  7. You can use land to compare price of commodities.

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  8. Greed
    Greed
    Greed
    Greedy!

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  9. It's no big deal. It's called inflation.

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  10. A land bought for #.5 and sold for #5m 22year later is actually not a good sale considering the value of money then and now. So also the cost of producing the #1500 noodles in 1999 and 2021 are different considering inflation and other factors of production.

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    Replies
    1. Thank you for saving me from typing this. Real estate is not a good way to preserve monetary value in Nigeria, not to talk of growing it. Just compare the exchange rates those years ago to now and you'll see that if your money didn't shrink, it did still at best.

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  11. There's no correlation... Land is an asset, with time and development yo the area it appreciates.. While hike in noodles may signal inflation and money devaluation...


    Lovelace

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  12. Please, the two no get things in common at all.

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  13. This would have made sense if the common man had 500,000 to buy land in 1999. How much was the average income in 1999?

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