
← Thought Behind Things19 Aug · 1 h 17 min
Stop Buying Real Estate "Files" (Do THIS with Rs. 10,000 Instead) ft. Muhammad Ejaz | TBT Podcast
<p>The rupee just keeps devaluing, and I've felt it personally: my own net worth was cut</p><p>in half the last time it moved from 170 to 320. So this episode is about the one legal,</p><p>regulated way I've found to fight back. Mohammad Ijaz runs one of Pakistan's largest</p><p>REIT (real estate investment trust) platforms, including Dolmen Mall, and he breaks</p><p>down how you can own a real, income-generating stake in commercial property starting at</p><p>roughly Rs 10 a unit, fully regulated by the SECP, none of the "file" trading that's</p><p>made a small number of people rich while leaving construction unfinished.</p><p><br></p><p><br></p><p>Join the Inner Circle, my weekly letter on AI, building, and being early to what's coming:</p><p>https://muzamilhasan.com/inner-circle</p><p>Read the thesis, the one idea behind everything I'm building:</p><p>https://muzamilhasan.com/thesis</p><p>My website:</p><p>https://muzamilhasan.com</p><p><br></p><p>We get into how REIT dividends and yields actually work (one Dolmen property's rental</p><p>yield has climbed from 10% to close to 30%), why Pakistan's mortgage market barely</p><p>exists, and a genuinely absurd example: a tax rule that expired and now turns a routine</p><p>property transfer into a 24 billion rupee mistake, for a transaction where the owners</p><p>receive not one extra rupee.</p><p><br></p><p>Instagram: https://instagram.com/muzamilhasan</p><p>LinkedIn: https://www.linkedin.com/in/muzamilhasan</p><p>#REIT #RealEstate #Pakistan #PakistanEconomy #Investing</p><p><br></p>