New Investor replied on Friday, November 3, 2017 08:53 PM Thanks for sharing your opinion. 1. Please share your experience knowledge. Your opinion (assumptions + facts)is based on what ? 2. How to exit right now ? if someone purchased in early 2017. How he can exit ? |
M. Abid 1 replied on Friday, November 3, 2017 09:12 PM SoA, I dont agree with this analysis. Because you can see after price fall in 2005, where prices climbed up. Could you tell me a single country in whole europe or america. Answer is no one. It means prices rose ten times more than of 2004. Alhamdullillah in Pakistan people having cash,not credits like developed countries. So there would be no crash at all. Yes market is stagnant because many investors are thinking to find the fall. It is just because of political situation. Population is rising and development with China is going on. Peaceful environment is being created by military. Just once few big investors decided to buy then little will have no more chance to get the train. All foreign investors also waiting, waiting. This hybernation periode can break any time, but will be in this winter InshaAllah. Who will buy now is the real winner, InshaAllah. |
Laiq Ur Rehman® replied on Friday, November 3, 2017 09:37 PM What a rubbish. Not based on any facts.. Prices are mostly or 90% falling in areas which are off ground. Not many buyers in the market and also not many sellers as well. Sellers are not willing to backdown their prices. Only real needy do. You will be fool to compare the current market situation with last decade. Those were inflated prices and people are much more mature now. They have holding power now. People living abroad invested heavily in property market in the last few years and they have holding power. Thats also one of the reasons for keeping market afloat. Prices will rise given some development in any area. Fild business is down and nobody is willing to invest in it at least for now. |
Adnan replied on Saturday, November 4, 2017 02:52 AM Garson state is totally screwed up bunch of crazy idiots No need to listen to their nonsense |
Mubeen Asghar replied on Saturday, November 4, 2017 04:31 AM Asslam a alaikum, Sir, whenever there is a fall or bursting out of artificial bubbles then there are huge falls in prices, Can you point out any single society where there is hardly a correction of prices more than 20% , it's just a little bit of correction happening due to political uncertainty, it's the best time to buy, Brother Abid is correct that once the big investor will enter you will won't find files/plots at this price, and this will happen soon. Thanks + Mubeen Asghar Lahore Real Estate |
jehanzeb replied on Saturday, November 4, 2017 04:40 AM AoA Everyone has their own opinion on the future, as it is unknown and hard to predict. The only rational way to judge is to see historical returns on property. If you take any random 10 year period, the average return on property has been 10 to 13 % per year. Yes your plot might double in a year, but if you see long term the return settles to 12%. BTW just to clarify by an example, let us say you bought a plot in DHA for 1 crore 10 years ago and right now it is for 3 crores, your annual rate of return comes to 11.5%. If the property prices doubled from 2013 to 2016, then this trend cannot continue and prices would have to increase at a rate so that the return drops to 12% over a 10 year period. Also why the return is 12-13% over the long run and not more ? The simple answer is that the average inflation is 11% in Pakistan historically. |
Babar Nazar Awan® replied on Saturday, November 4, 2017 07:02 AM its an academeic article has no relevence with reality. |
User_6006® replied on Saturday, November 4, 2017 07:27 AM Nice attempt but do not live in fool paradise,if lhr, karac, isbd costly for u buy in gwadar. Dnt wait for time but act. |
Rana_Australia® replied on Saturday, November 4, 2017 10:49 AM Mian Waqas is right to an extent but prices in Prism for example wont fall much except ordinary plots ..Corner , 150 ft road etc are still high in demand . DHA Town is increasing . Yes , prices in DHA Multan , BWP and Gujranwala have gone down . DHA Multan acquired so much land and prices of allocation might be 38 very soon . 38 Lakhs is a very good price to buy DHA Multan . BWP might come to 24 . Ideal time to purchase at 24 . Peshawar best buy now before ballot on 25th December . If you have big budget purchase in Phase 8 W Block .Price might not increase now in Phase 8 but jump of one crore especially W Block in one year expected . Regards |
Shahid1 replied on Saturday, November 4, 2017 03:52 PM There are only investors in prism. Prism is favorite for investors because of the low transfer cost. The day the transfer cost rises, prism will be hit very very hard. |
ahmed replied on Sunday, November 5, 2017 08:43 AM Asalam o alaikum, Dear Fellows, Just reading LRE discussions since some years, Some people say correction is just a small bit. and they are waiting for the big investors sooner.and some think this correction will go on for some time. Please can someone give more details on both views.Please. Thanks. |
Nabeel® replied on Thursday, November 9, 2017 05:07 AM No one knows the future, so why waste time talking about it? Only thing is your buying and selling strategy should change based on current scenario. |