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May 1, 2009
Developers price speculators out of real estate market | www.thanhniennews.com
While there remains uncertainty as to the appropriate target for both private and institutional investors, either with liquidity or the capacity to raise finance for investment purposes, the world looks to the equities market, the bond market, to commodities, to gold and to the currency markets to hedge against further declines and to recuperate past losses. Since the current economic downturn has been blamed on the sub-prime mortgage catastrophe and the parallel investment instruments linked to the insurance of sub-prime mortgages, “property” is seen as the common cause, whereas in reality, it has just caught the common cold. There are areas of the world where property has been more or less unaffected, categories of property, where resilience to infection is prevalent, sectors of Real Estate activity which offer unique opportunities for solid, medium and long term answers to investment questions. THE FRENCH RIVIERA.....
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