Will property prices go up?
February 12th, 2010 | by admin |There have been a lot of conflicting reports across the media about how bad the property market is doing.
I guess there are two sides to the property market, the commercial side and the house owner side.
We all know that buying a property in today’s sector means the value you will pay out is considerably lower than the price 18 months ago- costs have fallen dramatically.
On the commercial side of things, the price tag of finding office space has also gone down dramatically. The reason for this is that the demand for office space is much less. Businesses don’t desire to pay out ridiculously high costs anymore. They want to cut costs and not worry that the rent they pay out will be too expensive.
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