Quote:
Originally Posted by Roshan
I call that a "WOW " words of wisdom.
What you are saying is absolutely right. Flippers are finding it hard to operate as the market matures. I do agree there are pockets where flipping still exists, for eg : Badrah and that was only because the price was reasonable. That too, in time to come will stop.
Once the flippers are out. The artifical pricing will not last and the developer would be forced to bring his price down - OR - offer incentives like free children education for 10 years
I would be preparing myself for ready properties, buy and rent and be happy for the rest of my life.
Regards
Roshan
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Thanks for the compliment mate.
Dubai has still got a lot of money to be made, its just how you go about doing it. I think trying to not follow the crowd is always a good option. Yeah, i agree buy finished properties get excellent rent in one payment no headache, it is a good option.