Global Real Estate May Not Be on the Rebound
Economic research firm Ernst & Young has released an annual real estate report that indicates the continuing crunch in the global property market. The report however opposes optimism in the market that the state of the global real estate industry is taking an upturn already. The outlook can be bearish but is certainly realistic and practical. Global real estate may still be not on the rebound, as many hopefuls perceive. It is expected that for quite some time, selling property assets would still be not as rosy and as lucrative as it used to be. Thus, for investors, buying and investing in real estate assets may still not be sound these days. ...
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