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NEWS Mortgage demand from homebuyers is now nearly half what it was a year ago

That's a clear indication that the economy is gradually going down not due to lack of resources but lack of good management and improper governance or government policies to make life better for it citizens.
 
fixed assets always appreciate overtime, so this is expected, and even at that, people should learn to save up money to build or buy their own houses instead of renting them, it saves money and other costs of managing such a rented apartment
 

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