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Lack of coherent set of statistics hinders assessment of Panama’s real-estate market
Real Estate
Monday, 29 June 2009 11:45
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Investors seeking a coherent set of statistics regarding the Panama real-estate market may find themselves stymied by the 2009 Panama Real Estate Report.

The report notes that Panama City’s lack of a multiple listing system complicates the process of gathering data. “They like it this way,” the report says.

“There is power in hoarding information and if it were free to everyone, some would stand to lose power.

“Buyers and sellers aren’t on the same page because … well, there’s no same page to be on.”

Original source: NuWire Investor



 

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