PPRuNe Forums - View Single Post - Qatar's package and Working conditions
View Single Post
Old 3rd May 2007, 17:41
  #67 (permalink)  
popay
 
Join Date: Apr 2004
Location: Europe
Posts: 467
Likes: 0
Received 0 Likes on 0 Posts
Talking

Plutos, please don't make more complicated as it is. It's straight forward you get all the allowances whether you rent a place or you buy it. The only case you don't get anything is if you take company accommodation. That's it. Now the risk/reward ratio when it comes to the mortgage is entirely up to an individual only.
Again if you have the lump sum it's, in my opinion a GO. The potential risk of property devaluing in the next 10 years is relatively low unless the Yanks hit Iran, of course. I doubt it very much though. After 10 years we might see a reflection of DXB situation namely the property prices drop due to oversupply.
One more thing is to be said as well. It's not a question of price/value when you buy a property it's a question of an investment only unless you plan to retire in Qatar. Basically the same scheme like anywhere else in the world.
Make up your mind, mate.
Cheers.
popay is offline