Sunday, September 6th, 2009 at
8:42 pm
Brought to you by Vaal Properties and the Vaal business directory.
While there is evidence that a new property market is beginning to emerge in terms of investment into low priced housing,it is still an undisputed fact that things are likely to get worse before they get better.
Some experts say that the current blow to the property market is the worst in 25 years.half built homes are dotted all around since owners and builders have run out of funds due to the economic climate. A recent international report by US economists Carmen Reinhart and Kenneth Roghoff stating that house prices take six years to recover following major financial crises, market analysts have called on the government to intervene.
Keeping in mind that we are looking at a recovery time of 6 years, thousands of artisans in this field of employ could be out of work placing an even bigger burden on the economic situation.
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Saturday, September 5th, 2009 at
4:48 am
Brought to you by Vaal Properties and the Vaal business directory.
While there is evidence that a new property market is beginning to emerge in terms of investment into low priced housing,it is still an undisputed fact that things are likely to get worse before they get better.
Some experts say that the current blow to the property market is the worst in 25 years.half built homes are dotted all around since owners and builders have run out of funds due to the economic climate. A recent international report by US economists Carmen Reinhart and Kenneth Roghoff stating that house prices take six years to recover following major financial crises, market analysts have called on the government to intervene.
Considering the sentiment that it could take 6 years to recover, if something is not done to bring this sector back to life, thousands of artisans in related trades could be without work and income placing more pressure on the downward spiral.
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Sunday, May 31st, 2009 at
7:04 am
Article brought to you by Vaal Properties and Vaal Business Directory .
It has been said that residential property has a fundamental cyclic nature, and should be a long term investment. This same cyclic nature is being ignored by those who aim for short term gains.
Those who complain most about the downturn in property trends, are usually folk who have bought within the last 3 years. These individuals were banking on prices to rise indefinitely, and to realize short term profit gains. These attitudes are unwise, and mature investors do not adapt such a mindset.
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Tuesday, May 26th, 2009 at
9:42 am
Property has always been an interesting subject. The past few years are no exception. Just seeing all the websites on this topic proves it. Vaal Properties , a division of the Vaal Business Directory gives buyers and sellers a hub to make buying and selling properties much easier.
Over the last 10 years property values have seen enormous growth, and home owners have enjoyed increased capital value.
As so often in like, along with the good comes the bad. Home owners were temted to remortgage to the value of the equity available on their homes. Some folk did it to consolidate smaller debts. Others did it purely for luxury items such as swimming pools or vacations. Others again improve their homes.
The bottom line is that over a period of a few years home owners found themselves mortgaging to the hilt. Along with that was the tendency to take hold of all the credit that was made available. While not the only reason, it was part of all the reasons that led into the current economic crises worldwide.
Finding suitable property to buy or to rent can be a daunting task in any scenario. A big hurdle to cross is finding the right place to buy or rent.
This has become even more true today, although Vaal Properties makes the process easier.
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