Do you agree with this article written in July 2008? What is today's situation?? Are you happy with the price of property in Malta? Is it a Buyers market or a Sellers market? Where are we heading? Shall we be forced to build larger, higher and more complex buildings? Does Malta have the necessary infrastructure in place and is it willing to invest in its existing infrastructure to accommodate even more complex buildings?
" Oversupply as Malta’s housing boom ends
Malta’s explosive housing boom between 2003 and 2004 saw house prices increase dramatically, with sharp rises in construction activity. However the housing boom is now officially over.
The over-all house price index fell 0.8% to end-Q1 2008 from a year earlier. When adjusted for inflation, house prices actually fell by almost ..."
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2 comments:
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