According to the World Bank, nearly 60-70pc of a country’s total wealth is stored in its real estate assets. Apply these estimates to Pakistan, and you’re looking at a real estate sector worth anywhere between $300 to $400 billion. But for a bevy of financial, economic and political challenges, real estate has been a disaster all through the last year and isn’t looking any brighter in 2020. Just thinking (and writing) about the last few years in Pakistani real estate is a hope robbing activity. All over the world, real estate and stock markets play key roles in the economic growth of a country.
Source: Pakistan Today March 12, 2020 17:03 UTC