Real estate heading toward a ‘two for the price of one’ freefall
The Lebanese real estate market could be heading toward a disastrous freefall in prices, according to Chief Financial Market Strategist and lecturer Jihad El Hokayem. BEIRUT: “It’s a buyer’s market. Developers are selling at 25 percent discounts. Now is the time to own your residential apartment. Prices will rebound once a president is elected,” says…