The real estate market is in the bearish run in the country. The corona pandemic and then the global recession contributed to the loss in the real estate market. However, those who want to start investing are also trying to jump in because property prices have gone down and properties have become affordable. How is the real estate sector doing in your country at the moment?
How's the Real Estate Market in Your Country?
- Thread starter nomad
- Start date
It has long been stated that the real estate industry in my country is rigged. That is, speculators have manipulated the industry such that property prices are exaggerated.
There are reports that the real estate industry is slowly rebounding from the negative effects of COVID-19 and the Russia-Ukraine war. I am however not ready to accept these claims, until the relevant evidence is provided.
There are reports that the real estate industry is slowly rebounding from the negative effects of COVID-19 and the Russia-Ukraine war. I am however not ready to accept these claims, until the relevant evidence is provided.
The government imposed taxes on real estate sale and purchase. The fact of the matter remains that this has led many people to think a lot before they make a sale or purchase properties.
The real estate market in my country is booming. People are buying houses and selling at a profit while rental properties have been appreciating over the years. It's the surest kind of investment in my country.
In my country, if you can identify a developing area and site your real estate investment in those locations, you are sure to make 100% profits in a matter of two years.
Real estate market in my location is not doing so well at the moment. The economy here has not yet recovered from the Pandemic. Also, many people are emigrating to another countries. So, there are many vacant properties here.
