Comment history

Liptor says...

It really isn't so much about being priced out, its that just about all real estate on New Providence outside of the tourist hotspots of Out West and Paradise Island, are just inflated and priced too high. The value of the properties are not growing at the rate, they did in the past, and by what realtors would have you believe. Wise Bahamians would do well to put as much money as they could in a stable mutual fund, that could return at least 4 to 5 percent each year, instead of bulging down and borrowing money to buy a house, which in many cases people can't afford to and are just a job loss away from missing their first monthly payment.