Quote:
Originally Posted by mtrtnik
As far as I know there aren't so many mortages in Egypt and people were mainly paying their properties in Egypt with cash so from this point of view I see no problems. But from other side people have taken mortgages in their countries and buying properties in Egypt and this will stop or at least slow down so it may have impact on sales. Maybe some of agents can tell us better if sales are on same level as for example year ago or 6 months ago.
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That's a point - any agents out there willing to give their two penneth on how the Egyptian market will be affected by all that's currently going on around the world please?
Is Egypt's economy that well protected?