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Dry Ice
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Default 17th July 2008

Quote:
Originally Posted by Dalzi View Post
Everything's gone up; blame China lol. The people in Lebanon are mostly overpaying, but they're doing so for fear of having to pay even more later. So, if thinking of buying something, do it now. I don't understand why Sirius would sell now, unless he intends to buy something esle...
Why would some or many Lebanese buy in their home country if they're not going to live there in the short/medium term... While I understand the fact that they might do so because of a hedging on future price increases, there is also the time value of the money they're investing in properties that they are not using (unless they rent it and that's also subject to discussion).
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