How can real estate laws affect the real estate industry?

[Good-Person]

We all must all realise that there are many different kinds of laws related to real estate industry. These laws may have some effect on the real estate industry. So, when the government announces new laws, do you think that they could really have any kind of effect on the real estate industry? If yes, then what are those effects?

 

[Kane]

Laws can help businesses and laws can also damage the business. Favorable laws will create opportunities and unfavorable laws will strangle the business. Sometime back the central bank in the country issued a directive to the commercial banks for not issuing loans for real estate in the country, and this almost killed the industry.