Rather than a single stock, own the whole ecosystem: 10 stocks from the housing sector space with an upside potential of up to 46%
While its rate of growth may vary from country to country, one sector that is bound to grow in any developing economy is housing. Why just developing economies, even in the developed world, housing is a key economic indicator. The reason: While a house may appear to be one single product, the ecosystem to build it is very large. From the real estate company that owns the land, to the contractor who actually builds the house; from the cement and steel companies whose material go into the building, to the paint company whose paints are used, and the electrical goods company supplying wires. Last, but not least, the housing finance company who provides the loan.