Any investment is better than nothingIs ka already inflated property prices p kya effect ho ga? will it not encourage investors to park their money in real state instead of investing in sectors which create job and increase exports?
but increase in property prices is counter productive.. while construction activities are encouraged, it should be ensured that property prices do not shoot.. it impacts poor shopkeepers and majority living in rented houses..Any investment is better than nothing
Is ka already inflated property prices p kya effect ho ga? will it not encourage investors to park their money in real state instead of investing in sectors which create job and increase exports?
It depends on area you live; major cities are expensive but government cannot do anything to make it cheap. Outskirts and villages are still cheap though. Pakistan is good for long term real estate investment as small foot print area and huge population.It is a good thing. But Government must make sure that prices are not increased in the construction industory.
Property sector is over priced in Pakistan. We are not like Dubai.
in cities it is not expensive because of genuine demand.. its expensive because of real state agents and investors who keep rotating files and escalate the prices.. In turn, it become more and more complicated for genuine buyers to buy anything..It depends on area you live; major cities are expensive but government cannot do anything to make it cheap. Outskirts and villages are still cheap though. Pakistan is good for long term real estate investment as small foot print area and huge population.
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in cities it is not expensive because of genuine demand.. its expensive because of real state agents and investors who keep rotating files and escalate the prices.. In turn, it become more and more complicated for genuine buyers to buy anything..
I am not sure how this sale purchase and escalation of property can contribute positively to economy?
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