Sometimes I wonder if people read back their ads to themselves before clicking on the submit button. Observe <a href=”http://capetown.gumtree.co.za/c-Flat-House-Real-Estate-vacant-land-properties-for-sale-home-with-great-view-behind-Lord-Charles-Hotel-Heldervue-W0QQAdIdZ107628038″>this gem:
was in market 2 years ago @ R2.8m, urgent sale plse plse plse no agents, no agents comm’s payable will be worth double this in few short years
So let me get this straight, in two years the asking price has declined 40% but that’s not really an indicator of anything and in another two years the price should have doubled again.
Original Post on Cape Town Property Bubble: Somerset West: Asking Price Down 40% But Will Double Soon
