Can it continue forever?
February 12, 2010 - 9:48 am
There have been lots of conflicting reports across the media about how bad the property industry is doing.
I guess there are two sides towards the property sector, the commercial side and also the residence owner side.
We all know that buying a property in today’s sector means the amount you’ll pay is considerably lower than the amount 18 months ago- costs have fallen dramatically.
On the commercial side of things, the price of finding office space has also gone down dramatically. The reason for this is the demand for office space is much less. Businesses don’t want to pay out ridiculously high costs anymore. They need to cut costs and not worry the rent they pay out will be too costly.
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