Buy only if you re­ally want it

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AD­VICE Two ques­tions he most dis­likes hav­ing to an­swer in the cur­rent eco­nomic cli­mate, said Bill Raw­son, chair­man of the Raw­son Prop­erty Group, is: “Is this the right time to be buy­ing up­mar­ket prop­erty?” and “Can we ex­pect a re­vival in the prices of ex­pen­sive properties (those priced above R20m)?”

His an­swer is al­ways cau­tious be­cause while there is ev­i­dence prices in up­per level properties are be­gin­ning to sta­bilise, buy­ing ac­tiv­ity at this level is still min­i­mal — and there are no signs of price im­prove­ments in

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