Marc Faber who predicted the U.S stock market crash of 1987 states that the Asian real estate market still offers a better investment option as compared to property stocks since the equity markets of the region is still vulnerable.
Marc Faber stated:
I’m optimistic about Asia and emerging markets, but the stock markets at the present time are still vulnerable.
The economic expansion occurring in Asia is expected to drive the demand for real estate in this region and would attract interest from investors drawn to rising rents. The economy of Asia is expected to grow by 4.4% as compared to 2% in Europe and 2.7 % in U.S. Investments in gold is being replaced by property since people are developing more confidence in it. Real estate market offers more stability as compared to stock market which tends to be more volatile.
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