WHERE IS THE PROPERTY MARKET HEADING IN 2023? HARVEY M. SONING FRICS, AND JEREMY H. GREY MRICS
The next 12 months will be difficult for many with real estate holdings, but with difficulties for some there come opportunities for others. As a business we always do better in recessionary times than in boom times.
Over the past 10 years we have seen record low interest rates, which have allowed people to buy property and make money without thinking.
For the next few years property investors and speculators are going to have to give thought to their asset management and in some cases look for a plan B.