Rising sales rising foreclosures

The Institute for Democracy and Economic Affairs';''' Carmelo Ferlito says a property represents “a safe harbour” for many.

FOR eons, properties have been an investment of choice. It still is. But the convolution of economic, financial and health issues, coupled with inherent setbacks within the sector and the lack of clear leadership direction have added pressure on the sector.

Nonetheless, senior fellow at The Institute for Democracy and Economic Affairs Carmelo Ferlito says a property represents “a safe harbour” for many.