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Real Estate Briefing - Categorized | Emerging Trends, Market Moves more

South Korean companies rush to sell property as market downturn deepens

Posted on 25 August 2010

From Chinapost.com.tw: The real estate market is not what it was. In its heyday, property was equivalent to astronomical amounts of cash, if located in the right place. And it promised even more cash in the future; the best sort of contingency plan one could have.
But that era seems to be over. As a testimony, experts point to the recent rush from the corporate sector to rid themselves of their non-liquid property assets, a move feared to further dampen an already sluggish real estate market…………………………………….Full Article: Source

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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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