You may lose initially in development cost, but when the money starts coming in, you're set for life. I buy land, keep it, develop it. Condominium prices may soften, but not land. Land is getting scarce every day. There's no such thing as luck.
Success is all hard work and persistence.
When I was a teenager, I had a girlfriend in Bicol. She was the most beautiful girl in town. She married the ugliest guy in the village. He went to her house every day, fetched water, cut firewood, cleaned the house. I get scared if I see a competitor working hard because I know he's going to win.