@abuamerican, you just answered the question yourself. You buy property in a market that is gaining not that is losing.
Bahrain, UAE, and Qatar are all markets with definate gain. Even if property value falls eventually, it will not fall below purchase price.
Of course if you are buying a home just for the sake of buying something and keeping for your lifetime, yes I'd go for the cheapest. (That's if I'm not thinking about profit).
All I know is that if I was an expat, and I had to spend 8k on a two bedroom apartment, I might as well put it towards a mortgage.
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@abuamerican, you just answered the question yourself. You buy property in a market that is gaining not that is losing.
Bahrain, UAE, and Qatar are all markets with definate gain. Even if property value falls eventually, it will not fall below purchase price.
Of course if you are buying a home just for the sake of buying something and keeping for your lifetime, yes I'd go for the cheapest. (That's if I'm not thinking about profit).
All I know is that if I was an expat, and I had to spend 8k on a two bedroom apartment, I might as well put it towards a mortgage.
___________________________
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