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You are here: Home / Uncategorized / 2009 Was A Bad Year

2009 Was A Bad Year

2 February 2010 by CapeTownNewsReader

Phil Barttram, head of property investment research at Cape Town’s Old Mutual, says 2009 was a bad year. "While we haven’t seen another great depression, as some were predicting only a few months ago, we have definitely lived through one of the great recessions. Even though the chances of a worst case scenario fade with every passing month, we aren’t out of the woods yet."

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