there is a huge pessimism going on now everywhere in the world. Why I think that the apartments price will not really go down, because there will be always people like the current owners who want to have their dream homes here, or who can't/don't want to go back to their countries (Lebanon, Egypt, Pakistan etc.).
Who knows what will happen in the next 5-10 years? That's why I wrote "long term".
But there is something else: I talked to a guy who is involved in maintenance there and told me that the not-UDC towers have a maintenance contract only for a year(?) and then the community of owners in the respective towers have to find a company who maintains their buildings... Is there any info on that?
there is a huge pessimism going on now everywhere in the world. Why I think that the apartments price will not really go down, because there will be always people like the current owners who want to have their dream homes here, or who can't/don't want to go back to their countries (Lebanon, Egypt, Pakistan etc.).
Who knows what will happen in the next 5-10 years? That's why I wrote "long term".
But there is something else: I talked to a guy who is involved in maintenance there and told me that the not-UDC towers have a maintenance contract only for a year(?) and then the community of owners in the respective towers have to find a company who maintains their buildings... Is there any info on that?