Quote:
Originally Posted by moustafa
where are those flats that you mention about there is afall in using them ??
as for me , flats are always increase one day than the other ..
last year a flat cost 2500 per squared meter , now it costs 5000 per squared meter
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Yeah. What I said applies to only earthquake-prone areas. In General, there's near zero risk.
Moreover, if you're able to buy/construct flats in posh areas of ordinary cities or even in the heart of new cities, you can rent them out for good prices. This is certainly an investment.
Recently, there was a whole new city called "Cyber city" just constructed. The prices of land, rent value of malls and buildings there could compete with that of the Capital. Automatically, the well off population gets clustered there as the entire city is well designed to suit all conveniences.