Many of my friends and relatives had put downpayment for newly developed property and now T.O.P is approaching and instead of being excited about it, they have confided in me their anxiety as they could not find buyer who are willing to pay their asking price. Some have even told me that they are now preparing to cut loss and regretted rushing into flipping the property thinking that it is a sure win capital gain. I thought that property market is hot but apparently is not but has been over exagerated and now rental is cooling off as well. Looks like greediness doesn't pay and staying prudent is still the best.
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Does Greed kills ?
- Thread starter kingat33
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