29.07.2011 - GCC property market rallying
A house is likely to be the biggest investment a wage earner makes. Most average salaried people invest their life savings in property with the hope of spending the rest of their lives in comfort in their own home. However, a large number of them also invest in property to cash in on projected income based on price appreciation and premium. Many property investors, over the last few years, have also burnt their fingers trying to make ‘quick bucks' as property prices dwindled — wiping out life savings — and resulting in insolvency..............................................Full Article: Source
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