Thursday 25 September 2008

Lebanese real estate

Lebanese growth is being propped up by its real estate boom. This is as fragile as other booms have proved to be. Consumer and investor sentiment remains very wary, observing the real estate bust in the US. At the same time, politics don't look good. Sporadic acts of violence and the presence of 10,000 Syrian troops continue to deter investors.

A market to wait for opportunity?

No comments: