The Yinon (Yi) Men of Burma’s former civil society has always had a strong presence in their cities, especially the ones along the river. They are often referred to as “The Long-eared House.” Myan Myanmar is currently undergoing a severe civil upsurge of violent resistance to the Myanmar government, which is supported by the United States and the United Nations. These upsurges are occurring as the government is cracking down hard on free speech. Myan is also known as Burma’s “Sultan Barakhams bin-Khan” (or Lord Barakhams)
The Yinon, along with the others in the nine regions of Burma have long been a target of the Burma government, who perceives them to be a danger to the general stability of their societies. Recently however, Myan has seen a remarkable increase of both commerce and tourist traffic. This may be due to the recent upheavals which the country has experienced, including a violent military campaign which has taken the lives of hundreds and thousands of people. In addition, the new liberalization laws, which allow for greater free trade, have allowed more foreign investors into the country’s real estate markets.
As a result of these changes, there are many opportunities in the new markets for those with an entrepreneurial bent of mind. As the economy begins to pick up again and the cost of living begin to come down, the value of the real estate is increasing, further fueling this growth. There is much opportunity in this sector of the real estate industry. The ability to capitalize on this boom will, however, require some savvy and knowledge of the real estate markets in Myan, and the rest of Burma. The following are some tips for those looking to enter the burgeoning real estate markets in Myan.
Research the market. Like other countries, Burma has seen phenomenal growth in real estate investment. A person who is looking to invest should visit Myan and other cities, such as Ratchaburi, before investing in real estate. Doing so will enable a person to research the market in general and find out where the best investment opportunities are.
Be willing to take risks. Unlike many countries, real estate in Burma tends to have a high flip rate. A smart investor will be willing to put money into properties that have a high chance of quickly turning a profit, as flipping real estate is extremely risky in these financially unstable times.
Investing in Burma real estate requires diligence. Those who choose to invest in Burma real estate should not only look to see if they can make a return on their investment, but they should also search to see if there are any opportunities for investment. A person looking to invest should ask for and expect to find a broker who will act as their representative in the deal. There are many brokers in Burma and finding one that will act as your representative means that you are more likely to have your needs addressed when it comes to the deal. A broker will also help you find the right property, whether it is a fixer upper, foreclosure or luxury apartment.
Those who are looking to invest in real estate in Burma should also have realistic expectations. A person can easily become disillusioned if they do not have a firm grasp on the real estate market of Burma. There are many opportunities for investors, but they are few, so be prepared. A person should be prepared to spend time researching the market and learning about the current trends.
Those who are serious about making a profit in Burma real estate will need to take a number of risks. A person should look to invest money that they can afford to lose. Those who are willing to go the extra mile and invest with realistic expectations will find a profitable investment. Anyone who finds themselves in a survival situation should consider these survival tips for yang-men before going into the investment arena.