NorvanReports on Sunday, February 12, 2023, on the second edition of our Twitter space series conversation on the topic, “Is Real Estate a Viable Business In the Current Economic Climate".
The main speakers were Mr Edward Nyarko – Head, of Business Development and Strategic Initiatives at First National Bank Ghana and Kojo Biney – COUNCIL MEMBER of GREDA Ghana among others as we seek answers on whether it’s a good time for us to put our money into the real estate sector.
Real estate has long been considered one of the most stable and profitable industries in the world, but with the current economic climate, many are questioning its viability as a business. In Ghana, the real estate sector has faced several challenges in recent years, including a sluggish economy, declining property values, and tightening credit markets.
However, despite these difficulties, many experts believe that the real estate market still has the potential to be a viable business opportunity for those who are willing to take a strategic approach.