From the CEO

It has been a very interesting few weeks around the world and the impacts are being felt everywhere.

People are cautious, many people are saving and the traditional swings and round-abouts of stock markets and property seem to be out of sync. The old adage is that when things are really bad, it can be an amazing opportunity for those who have reserved wealth. Property prices will fluctuate and there will be increased pressure on owners and landlords to reduce prices. This will stimulate the market and restore some balance to overheated markets. Grossly inflated prices on the back of the last boom will taper and decline to levels of a few years back.

Looking forward 3 years, it will be remembered as “Black October” and comparisons will be made between this period and past periods. In the past thousand years, one thing has been a constant: the fact that markets go up and down and after each down period, it has always come back up … it is just a question of time.