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Old 27-12-2007, 02:50 PM
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Location: Hurghada, Egypt
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Quote:
Originally Posted by awahee123 View Post
Hi Nick,

Wow inflation rate looks crippling...Is out of town still reasonable?.
Well it started off being very cheap, but with the inflation rate, it's catching up with the rest of Europe really fast.

Prices are cheaper outside the capital for sure (similar to most countries). Property did go through a boom but now prices are sliding fast (which is a shame because I own property in the country's #3 city which increased very fast for a couple of years but has now gone back down a lot).
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