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What will happen to the real estate market at an oil price of$25
The real estate market is one of those that is always in action. There are those who offer housing, and those who purchase it. People fall into two categories when buying a property. The first want to invest, and the second dream to successfully solve their housing problems. And those and others are concerned about how the real estate market will behave in the further catastrophic drop in oil prices.
And the market will just respond differently for each segment of buyers. Since their goals are different, the reaction to the changes will be different. Let’s try to make a prediction. Although it is very difficult in the current circumstances, and in General – forecasting is quite a complex and questionable process. Still, risk. Continue reading