Quote:
Originally Posted by dubaiboy
But Above everything , I beleive that rentals will surely come down in a year or two. . .
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Every investor should expect a correction. It's always good to prepare yourself for corrections.
It is advisable to finance the first few projects as much as possible with less finance considering the delays that are experienced in todays market. Just imagine the interest which needs to be paid in case of delays.
If prices of property go up, it would become expensive for people to buy, if so, then rentals should not correct much as long as the supply and demand curves don't meet.
Regards
Roshan