30.04.2010 - South African commercial property market taking the smooth ride to recovery
From Realestateweb.co.za: After many decades of weathering boom or bust rises and falls, it appears that South African Commercial Property investors can now sit back and watch the more developed economies dealing with unfamiliar cycles in their property markets - unfamiliar to them that is. This is according to Tony Bales of Bales & Associates, who says that looking back at the days when the prime interest rate hit 25,5% in 1997, the current situation we are dealing with is very mild........................................Full Article: Source
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