moroccomania

I agree they are different - but an investors objective is to make money irrespective of what the development looks like. So from that point of view, even if we compare chalk and cheese, i would want to know whether there is more demand for chalk or for cheese so that i know what to buy!

Wyndham Travel will bring in tourists and that is good for rental yields. But how long it can be sustained for, that is questionable. Houara may be one resort, but there will be many more to come which will drop rental yields and split the tourists.

Finally, on the subject of rich arabs wanting to buy apartments, thats what everyone thought about Dubai. Sure, it worked initially, but most of the investors are sitting on properties hoping for a premium of even 10% to exit. And the wealthy arabs, im pretty sure, will not be looking at buying a 2 bed apartment overlooking a pool, will they?