People and consultants (real estate and investments) keep talking and they are actually BSing about the market and its trends.
Did not see in any analysis or forecast done the foundation of that analysis. Least to be said: population, anticipated growth, units available (occupied and under construction), future economic developments. Such figures we do not know about and personally I do not but what the so-called consultants are selling. Can you imagine the number of projects in the whole GCC and the quantity of new units that will be available. What is the global GCC demand capacity (including foreign investors)?
IF I have money and want to invest in real estate, I won't do it now. The rates are very high. IF I have too much money I would buy in Oman or Bahrain (prices there are still reasonable). Alternatively, would consider Egypt.
People and consultants (real estate and investments) keep talking and they are actually BSing about the market and its trends.
Did not see in any analysis or forecast done the foundation of that analysis. Least to be said: population, anticipated growth, units available (occupied and under construction), future economic developments. Such figures we do not know about and personally I do not but what the so-called consultants are selling. Can you imagine the number of projects in the whole GCC and the quantity of new units that will be available. What is the global GCC demand capacity (including foreign investors)?
IF I have money and want to invest in real estate, I won't do it now. The rates are very high. IF I have too much money I would buy in Oman or Bahrain (prices there are still reasonable). Alternatively, would consider Egypt.
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