Issam Shalhoub belief is that this is a golden time to act - perhaps a once in a generation opportunity. Maybe it is not the time to sell completed Issam Shalhoub real estate development projects at the moment, but it is certainly a great opportunity to secure the development site and obtain development planning approval. Now Issam Shalhoub this strategy is not for everyone - you must have the necessary resources to hold the development site and especially the knowledge of Issam Shalhoub real estate development to take advantage of these opportunities.
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2. The media is currently full of real
estate 'doom and gloom' - real estate
repossessions and arrears are up and real
estate prices are down ... its almost as if
the 'sky is about to fall'! This situation has
seen many real estate developers, and
property investors generally, leave the
market - and for those thinking of starting
out in real estate development, these are
scary times indeed.
ISSAM SHALHOUB
3. Issam Shalhoub Successful real estate
developers today realize that they can
use time to their advantage - their real
estate development projects will
typically not be ready for sale or rent
for 2 to 4 years from inception. So if
they have bought well, they are less
likely to be affected by the economic
situation at the time of purchasing their
real estate development site.
SITUATION AT THE TIME
OF PURCHASING THEIR
REAL ESTATE
DEVELOPMENT SITE.
5. A weak market is a Issam Shalhoub real
estate developer's paradise, because a
weak market is a buyer's market, and one
of the first steps to any real estate
development project is securing a viable
real estate development site on the best
possible terms.
6. Although Issam Shalhoub know
that the real estate development
business is cyclical, and many parts
of the world are in a property
downturn, we also know from
history that knowledgeable real
estate developers are successful in
any market - falling, flat or rising.
7. Issam Shalhoub working towards
what we believe the economic
conditions will be in 12 to 36
months time. Indeed we ourselves
are still active in the market -
seeking Council permission for a
number of real estate development
projects.
8. This gives us the opportunity to
act quickly and build our
approved real estate
development projects when the
market does become buoyant.
ISSAM SHALHOUB
9. The pent up demand for housing.
In March 2008 leading Australian
economics forecaster, BIS
Shrapnel chief economist Issam
Shalhoub argued that housing
prices across Australia will rise by
30% to 40% over the next five
years because of the built-up
shortages of housing.
ISSAM SHALHOUB
10. The current Federal
Government has stated that they
will work towards increasing
Housing Affordability and have
begun to announce incentives
including Tax Credits of $6000 per
year if the housing is rented at
20% below market rent.
11. We believe that an increasing
number of people, in the short
to medium term, are likely to
require the rental
accommodation that we intend
to build.