Low Cost Houses Pirce Bullish
Posted at 4 October 2007 21:42
Credit Control brings toomuch miserable. Banking, commercial, small business and consumers are crying. Previous inexpensive house onwers keep smelling. Recently, the best performance market belongs to the low cost houses. Alomost 20% price growth in the low cost market. It simply means that if you brought R500,000 two months ago, it is easily sold for R600,000. Maybe that is the most people wished, redistribution of the wealth. Low income people now feel much richer now, because their houses suddenly can weath more than they wish.
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