I am sure most of overseas people must have investment in real estate more than their need to Build House. As real estate prices are not gaining significantly in past few years. But there are certain other concerns.
Historically overseas investors used to invest in plots to save their Money against inflation and many of these investments are lying ever up to 20 to 30 years. If you look at now new types of expenses like no Construction charges and possible with holding tax the option to keep such properties for long period will be lost. This can have net negative effect on prices as well.
Comments needed
RE Investment replied on Saturday, September 26, 2009 10:16 AM
I agree with Jameel, RE as an investment is no more feasible in Pakistan as evident by stagnation of prices. The real probem is that expect RE, there are limited avenues of safe investment, for an ordinary man. Still oversees people have no choice expect RE keeping in view the long-term gain. |
