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Monday, September 1, 2014

Are you still waiting for the bubble to burst?

If like me you’ve been waiting for the housing bubble to burst before investing in property all I can say is pole sana(sorry).After much head scratching I have reluctantly accepted to myself that I know very little about real estate and swiftly abandoned any dreams I had of swooping down like a hawk and playing monopoly in real-life. I still don’t know where all the demand is coming from. I still don’t understand why so many developers continue to pump millions into new projects. All I know is that the apartments next door to where I live went from 7.5M to 22M in only 5 years.