January 7, 2009

Is this the right time to buy property abroad?

BrixResearch Moderator says: Property markets across the world have shown signs of recessions. Property prices have mellowed down all over as there are very few buyers for real estate at this point of time. Financial crisis have added further pressure on the real estate sales.

It is estimated that property prices in the US have plunged by as much as 50-60%. Is it a good idea to buy/lease property abroad when property prices there are so low?

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