South African Rugby

Saturday, January 29, 2005

Property prices: boom or bubble?

Prices of residential property (see table) have rocketed over the past four years – so much so, that the question now is whether the boom is really a bubble on the verge of bursting. Everyone’s had their say on the subject, with the prevailing mood probably best described as cautious optimism. But what can you believe? We sum up the situation.

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