Quote:
Originally Posted by awahee123
Well sarahs better half (i think youre gonna have to change this name it's too long LOL).This is Egypt are we going to find a Builder/developer wanting to build for lets say £40 per apartment when they are currently selling at £65k lets say.
I think this needs thinking about,that is until the prices settle down a bit.
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Im no expert but i think you will find that property increase in developing countries,such as Egypt,are defined by an increase in the land value due to supply & demand.If the property is being re-built on land already owned then i cant see that the cost to re-build a building will rise that quickly,but i may be wrong.
