An acquaintance was toying with the idea of offering a real estate project to a religious minority so that they do not go home anymore to their provincial home to satisfy this need. His advantage will be that he will have a tax free income and exemption from a license from govt agency if he ties up with the group.
However the provincial population here of the minority is only 17,000. For entire MM it is 105,000.
Will this target market be enough for his venture if he has 13,000 inventory. Can they afford his price of P50,000.?
Shall he push through with his project?
