Property prices have been on a high throughout the last few years and they are expected to see an upward trend this year too. i property prices saw an increase of about 8 - 15 % in the last few years. Recently, it went through the roof. With the Banks advancing easy Home Loans and the conducive atmosphere prevailing for rapid growth in the industrial sector contributed in no small way to the growth of the real estate sector of
Investment on the real estate has been on the rise especially with the volatile Sensex situation at the moment. With the talk of satellite townships coming in the outskirts of the city, the avenue for investment in real estate has never been this good.
Point of interest is that; many of those "easy" loans are now being collected on, which indeed does creates a buyers market, but sympathy is a waste of an emotion.
Opportunities? They are all around us... There is power living latent everywhere waiting for the observant eye to discover it. - Orison Swett Marden No great man ever complains of want of opportunities. - Ralph Waldo Emerson
Is the situation in Australia like the situation in the US with number of forclosures on the rise?
Most definitely so. Property ownership for the average joe is becoming more and more an unlikely scenario.
Opportunities? They are all around us... There is power living latent everywhere waiting for the observant eye to discover it. - Orison Swett Marden No great man ever complains of want of opportunities. - Ralph Waldo Emerson
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Feb 08, 2008, 10:56:06 AM
