Despite all the ups and downs in the economy overseas and as well in Pakistan, Real Estate is pretty much flat everywhere. There been very little profit taking from it.
My only hope is if interest rates go record low, that is the only way property will see any boom in Pakistan.
Please share your ideas as to what can help Real Estate grow in Pakistan. How do you see the market in 2012.
Umair (Ny, USA) replied on Sunday, November 20, 2011 04:37 AM
Interest rates are very unlikely to come down as inflation has always been very high in Pakistan. Only political stability, balanced budget, and foreign direct investment will help the real estate market in Pakistan. Trace with India is certainly a step in the right direction. |
