salam,
can any body tell what is the current trend of our pakistani real estate market is it going down continuesly or going better todays or what is the future hope when it will be well... looking for all viewers to share their kind information...
regards,
rashid
pakistani replied on Sunday, August 2, 2009 09:16 PM
i think since pakistan's economy is getting down, it is adversely effecting pakistan's real estate market. everything is linked with the economy. foreign investors and overseas pakistani's are holding back their money and not buying anything. there are only a few buyers who need to build their house are interested in property.
this trend will go on during zardari's government. as soon as he's gone, a less currupt government forms, pakistan's economy will get better and as a result real estate market will get better.
nothing personal against zardari, just telling what i feel is going on. |
Ali S. replied on Monday, August 3, 2009 03:10 AM
Pakistan's fortunes are directly linked with US's...slowdown there has trickled down here...I just read that US housing market has bottomed out....I think this Pakistan's economy is one phase behind US's... |
