One i Dont see prices going down becoz of the following
1) costs are increasing day by day
2) increasing demand
on the flip side actual end user demand is around <20% (arabian business survey) 80% of the people are investors who are hiking prices most of them will turn to being people who hold prices so will the prices actually go bust ...MAY be YES may be NO
It all depends on other factors where the investments would give better returns -- if other avenues of investments then would give better returns than real esate then the prices would fall to the extent of costs being the limiting factor .
All the best to the people who invest --
All the best to the people who look at the people who invest and think they are the smart ones sitting in the side lines .
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TRUTH is the only " property" I have
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